To help you profit from gold’s meteoric rise, and protect your wealth from this flood of inflation, I've put together a list of the 3 best gold stocks to buy today:
Best Gold Stock to Buy #1 – Barrick Gold Corp. (GOLD)
This is one of the best and most undervalued gold miners around.
As you’d expect, when gold prices go up, the companies that sell gold make a killing. And few companies mine and sell gold as well as Barrick Gold Corp. (GOLD). Based in Canada, Barrick runs mines and is building new ones in the U.S., Canada, South America, Australia, and Africa.
Even better, on June 16 the company announced that it was set to meet its performance guidance for the year despite the COVID-19 lockdowns.
Since then, gold prices have skyrocketed, so that guidance is likely to be blown out of the water. And yet Barrick is trading at a price-to-earnings ratio of just over 12. That’s way below it’s historical ratio, and seriously undervalued.
The same hedge funds that missed the boat on gold seem to have missed the boat on Barrick, too.
As a nice little freebie, Barrick also mines and sells copper, which is often found alongside gold. Not a bad way to get two great metal stocks for the price of one.
Best Gold Stock to Buy #2 – ProShares Ultra Gold (UGL)
Sometimes it’s nice to just keep things simple.
ProShares Ultra Gold (UGL) is an exchange-traded fund (ETF) that aims to double the movement of the price of gold. So when gold prices move up 1%, UGL goes up 2%. When gold goes down 1%, UGL goes down 2%.
With gold set to continue rallying, I’m not that worried about the “going down” part.
UGL is a great and low-cost way to not only capture some of gold’s gains for your portfolio, but also to turbocharge them.
Best Gold Stock to Buy #3 – The Big Long
In 2008, John Paulson gained fame for the “greatest trade ever.”
As housing prices soared to all-new highs, he made a daring bet against the real estate market.
And just months later, prices began a historic collapse, returning to his fund $15 billion…
He personally pocketed $4 billion. All in just one single year!
But it didn’t stop there.
In 2009, he bet on gold after it dropped… and two years later gold surged to record highs.
He pulled in even more than he did on the housing bet: a whopping $5 BILLION windfall.
But now, because of personal connections with him, we’ve uncovered this billionaire legend’s NEXT big bet.
Only it's not a short trade.
Instead, he’s betting the house on a virtually unknown gold miner.
Instead of The Big Short… this Wall Street legend is setting up to make his biggest profits ever with The Big Long.
And research shows it's poised for a historic 10,000% surge in the wake of a new gold bull market and Coronavirus economic fallout.
We’ve assembled all the details for you here… including how you can buy into it this play for yourself right now.