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Gold Stocks - Barrick, Newmont, and Goldcorp


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There is a case to be made that gold has bottomed. Supply is outstripping demand and we live in a world where ever more money is being created. Paper money is still backed by gold in that you can trade your dollars for gold any time you want. Now may be a good time for that. But the other play is to invest in gold mining stocks, which have suffered greatly as of late. Buying stocks when nobody else wants them does not always work but it does enough to consider.

I am not expert in any of the above, and you can always find opinions for any side of this equation. The fact is nobody, even the so-called experts, really knows what is going to happen with gold prices. But here is a short and I think good analysis of three major gold stocks, Barrick, Newmont, and Goldcorp at Motley Fool for your consideration.

http://www.fool.com/investing/general/2014/03/06/has-gold-hit-a-bottom.aspx

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Steve, Here is a link of historical gold prices http://www.nma.org/pdf/gold/his_gold_prices.pdf.

And here is a link for the US inflation calculator. http://www.usinflationcalculator.com/

It is very interesting to see what impact inflation has been on gold and other commodities over time.

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