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The 5 Gold Companies To Watch In 2019

Baystreet.ca

We’ve all seen the headlines.

Another trade war could be around the corner.

The perfect time for investors to hedge.

And, like magic, gold prices are up: the gold index hit a six-year high on August 1.

Gold miners are having a stellar year. And even if things don’t turn south for the market, adding gold to your portfolio is a great way to diversify assets and hedge against potential downturns.

Here are five companies gold investors should consider:

#1 Barrick Corporation (NYSE: GOLD, TSX:ABX)

The Big Kahuna—Barrick is the world’s most profitable gold company, with five of the ten largest gold mines in the world.

In terms of sheer size, the mega-merger of Newmont and Goldcorp has Barrick beat. But don’t count this company out.

Barrick has risen 25% since June, on the back of rising gold prices and strong demand.

That jump means Barrick has grown 54% over the last year, blowing its competitors out of the water.

Gold-watchers pegged Barrick as the company to beat last June—thanks to a strong balance of revenue to debt and production ... Click here to view full article