Top 5 Gold Stocks To Own For 2018

Gold’s price slide of the last month is no coincidence. Rather it is the direct result of the sharp appreciation of the U.S. dollar. As the greenback has swiftly appreciated in its relative value, the price of gold has decreased in dollar terms.

In my view, the most important factor in determining the price of gold is the value of the U.S. dollar, at least for Americans if not for the world. Gold is a commodity, though a precious metal. It has value, like all commodities, based on supply and demand. And, like all commodities, its price also varies depending on the value of the currency used to purchase it. For Americans, that is the dollar, and given the importance of America to global economic and geopolitical stability, it’s likely the dollar for everyone else too (many will want to debate this statement).

Many also see gold as a currency, and I regularly refer to gold (and silver) as mankind’s default currency. As a currency, its value also changes relative to other currencies. So when the U.S. dollar loses value due to inflation, national insecurity or economic trouble, gold appreciates in value. Now, some will say gold is hard to trade because just a little of it is worth far too much or way more than a gallon of milk and a dozen eggs. However, I expect that problem would resolve itself quickly with the help of entrepreneurs and/or government if gold (and silver) were needed in tradable quantities in the event of severe devaluation of the dollar.

Top 5 Gold Stocks To Own For 2018: Coffee Holding Co., Inc.(JVA)

Advisors’ Opinion:

  • [By Peter Graham]

    A long term performance chart for Farmer Brothers Co shows an outstanding outperformance while large capStarbucks Corporation has been flat for more than a year and both iPath Bloomberg Coffee Subindex Total Return SM Index ETN and small cap Coffee Holding Co, Inc (NASDAQ: JVA) have underperformed:

Top 5 Gold Stocks To Own For 2018: Neo Lithium Corp. (NTTHF)

Advisors’ Opinion:


    ILC reminds me of Critical Elements [TSXV:CRE] (OTCQX:CRECF) having five projects (CRE has 11), and also of Galaxy Resources (ASX:GXY) (OTCPK:GALXF) by being diversified across brine and spodumene and across three continents. Also some similarity with Neo Lithium’s (OTC:NTTHF) [TSXV:NLC] early stage Argentinean brine project which I recently wrote about here. However, ILC trades at a much smaller market cap of US$8m to that of Critical Elements (US$85m) or Galaxy Resources (US$724m). This is partly due to ILC giving away significant percentages of their projects, and because they are still in the early stages of development.

Top 5 Gold Stocks To Own For 2018: Power Solutions International, Inc.(PSIX)

Advisors’ Opinion:

  • [By Brent Slava]

    Power Solutions International Inc (NASDAQ: PSIX) shares plunged as much as 30 percent Tuesday on a report the company would be delisting from Nasdaq Inc (NASDAQ: NDAQ).

Top 5 Gold Stocks To Own For 2018: Ameresco, Inc.(AMRC)

Advisors’ Opinion:

  • [By Jason Hall]

    WhenAmeresco Inc(NYSE:AMRC) reported financial and operating results for its fourth quarter and fiscal year 2016 on March 2, the market was ecstatic, pushing shares up more than 17% on a combination of beating analyst expectations for profits, a solid order backlog for future business, and continued optimism around infrastructure investment in coming years.

  • [By Lisa Levin]

    Shares of Ameresco Inc (NYSE: AMRC) got a boost, shooting up 16 percent to $6.05 after the company reported strong Q4 results.

    Navigator Holdings Ltd (NYSE: NVGS) shares were also up, gaining 23 percent to $13.50 on better-than-expected quarterly earnings.

  • [By Manikandan Raman]

    There also some lesser known clean energy stocks that may witness downward movement on potential Trump win on negative sentiment. They include Pattern Energy Group Inc (NASDAQ: PEGI), Enviva Partners LP (NYSE: EVA), TerraForm Global Inc (NASDAQ: GLBL), Renewable Energy Group Inc (NASDAQ: REGI) and Ameresco Inc (NYSE: AMRC).

Top 5 Gold Stocks To Own For 2018: Electronics for Imaging Inc.(EFII)

Advisors’ Opinion:

  • [By Lisa Levin]

    Electronics For Imaging, Inc. (NASDAQ: EFII) shares dropped 43 percent to $26.96. Electronics For Imaging disclosed that it has postponed Q2 release due to accounting issues related to revenue recognition. Morgan Stanley downgraded Electronics for Imaging from Equal-Weight to Underweight.

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