Gold on Steroids

Gold on Steroids By Jeff Remsburg for Nasdaq

Gold is making a move … but for even bigger gains, here’s where to look

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Over the years, gold has developed a reputation as a “safe haven” asset. In other words, when riskier markets (like stocks or fiat currencies) crash, people flock to gold to protect their wealth.

In this way, gold’s main role in a portfolio is as a chaos hedge or wealth preserver. This means investors don’t typically buy gold believing they’re going to see explosive gains like they might in, say, a high-flying tech stock.

But that doesn’t mean explosive gains can’t happen – case in point, the last three months.

One of the most popular ways to invest in gold is the  SPDR Gold Shares ETF  ( GLD ). It’s designed to track the price of gold. As you can see below, in the past three months, it has surged 20%, dwarfing the S&P’s return of 5%.

Pretty nice?

But do you know how you could have done even better in gold over the last three months?

Gold  miners .

The chart below shows the same S&P and GLD performance as above. But now it includes  GDX , which is the  VanEck Vectors Gold Miners ETF .

As you can see, it has exploded 46% in three months, crushing both market and gold returns.

We’ve been talking about gold a lot in the  Digest  this year. It was all the way back in January that we first brought up the “stealth” bull market in gold – well, it isn’t all that stealthy any more.

When we talk about gold here in the  Digest , we usually reference it in the general sense, mostly noting gold’s spot price. But there are different ways for investors to play gold, and gold miners can be an especially lucrative way. Think of them as “gold on steroids.”

In today’s  Digest , let’s dig just a bit deeper into miners as an investment vehicle you might consider as this gold bull continues gaining steam.

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The Daily Coin

Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.