Gold was in rally mode on the first day of June 2012 due to a two major events. First, it appears as though investors are piling back into gold as a safety trade. Second, with the weak jobs report on Friday, there is a chance that QE3 is back on the table which would help boost the price of Gold. Gold closed at $1622 on Friday, up $58 per ounce.
Below are the best gold stocks to buy in 2012 if you think gold can keep rising.
Best Gold Stocks June 2012
Direxion Daily Gold Miners Bull 3X Shares (NUGT)
Great Basin Gold Ltd. (GBG)
Kimber Resources Inc. (KBX)
International Tower Hill Mines Ltd. (THM)
Exeter Resource Corporation (XRA)
VelocityShares 3x Long Gold ETN (UGLD)
Timmins Gold Corp. (TGD)
Royal Gold, Inc. (RGLD)
Randgold Resources Limited (GOLD)
Keegan Resources Inc. (KGN)
Brigus Gold Corp (BRD)
Golden Star Resources, Ltd. (GSS)
IAMGOLD Corp. (IAG)
Agnico-Eagle Mines Ltd. (AEM)
Goldcorp Inc. (GG)
Coeur d'Alene Mines Corporation (CDE)
2012 Penny Stocks -Top Stocks 2012
