Is the Party Over for Gold?
The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with Jim Gillies and Joe Magyer, discuss the latest business news. Last week, gold prices recorded a negative 12-month return for the first time in three years. Not surprisingly, shares of gold stocks like Barrick Gold, Goldcorp, Novagold Resources, and Rubicon Minerals have all lost to the market over the past year. In this segment, the guys analyze the appeal gold holds for certain investors and share why, despite the run-up over the past few years, they believe there are better opportunities for investors.
Despite the recent drop in the price of gold, few would argue it is selling for a bargain-basement price. To find investments that are, just check out The Motley Fool's free report "2 Dirt Cheap Stocks With HUGE Dividends." You can get analysis of a market leader in payment systems and a high-yielding energy company by accessing this report. It won't be available forever, so click here -- it's free.
The article Is the Party Over for Gold? originally appeared on Fool.com.Chris Hillowns shares of none of the companies mentioned. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days. The Motley Fool has adisclosure policy.
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