December 31, 2024
2 Golden Nuggets of Safety for Your 2025 Portfolio
Dear Subscriber,
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| By Gavin Magor |
I usually leave the topic of gold to Sean Brodrick, our resident natural-resource expert.
After all, Sean’s a beast at recognizing the best times to invest in precious metals. And, of course, the stocks that stand to fly higher than bullion itself.
Gold is poised to end this year with its best annual performance in more than a decade. The yellow metal gained nearly 26%.
It’s clear gold rewarded (and protected) those investors who made it a part of their portfolio this year.
To get Sean’s forecast for 2025 … and for a way to claim a Weiss-exclusive 2-gram gold bar for yourself … click here now.
I hope you’ll follow that link before we take it down in the next few days.
After all, gold offers much more than a way to capitalize on outsized gains. It gives you an added layer of diversity in a portfolio.
That should be especially true in the new year, whose opportunities and challenges have yet to reveal themselves.
Just like stocks and bonds, many variables impact gold’s performance.
- In 2024, buying by central banks and elevated retail interest especially from China and India drove up demand and, therefore, the price of gold. Asia consistently makes up more than 60% of gold’s annual demand.
- What’s not so great are the negative factors behind record-setting gold prices. Things like continued high inflation, the high cost of goods and services and currency depreciation.
All those factors make gold, I believe, more valuable to you today as a hedge in your portfolio.
Keep in mind that we’re not out of the woods yet with respect to inflation or economic uncertainty.
Federal Reserve Chairman Jay Powell made that clear in the agency’s final meeting this year, muddying the path toward lower interest rates and prices … and, most importantly, certainty.
As a result, I’d consider adding a bit of gold to your portfolio. See how you can do that right now here.
Of course, investments in gold mean different things to different folks.
You might picture a physical nugget the size of your fist, or the incredibly popular one-ounce gold bar sold at Costco. It could be an 18-karat Tiffany bracelet worth thousands of dollars, or gold coins.
However, since we’re experts on stocks, ETFs, mutual funds, insurance and banking, I’ll stick to non-physical avenues to invest in gold … and consult our Weiss Ratings for the most stellar of the bunch.
I searched gold stocks for those rated above a “C+” with “Buy” recommendations, and here’s how my search populated: Royal Gold (RGLD), Kinross Gold (KGC), Alamos Gold (AGI ) and Lundin Gold (LUG.TO).
The one I’d like to call your attention to is Kinross Gold. One beneficiary of gold reaching a record high of $2,790 an ounce this year is miners.
Whilst the gold miners index is up 18% year to date, this one with operations spanning North and South America and West Africa has risen 61%.
The company enters 2025 with record free cash flow and in a strong financial state.
Kinross Gold reported its latest results at the start of November with quarterly production of 564,106 ounces of gold equivalent, down 4% from a year earlier. This decrease in production was due to planned lower production at the company’s Paracatu mine in Brazil.
Despite this fall in production, revenue increased 30% compared to the previous year due to higher metal prices.
The company stated it remains on track to meet its 2024 production guidance of 2.1 million ounces of gold equivalent.
It’s also on track to meet its cost of sales and capital expenditure guidance. Production for 2025 and 2026 is forecast to remain stable at 2 million ounces a year.
Kinross Gold has built a diversified portfolio of mines over the years through both strategic acquisitions and organic growth, leading it to be one of the top 10 gold mining companies in the world.
Over the years, the company has successfully acquired assets such as the Tasiast mine in Mauritania and the Paracatu mine, both of which are now key assets in its portfolio.
Other assets in the Americas have resulted in a geographically diverse portfolio that reduces the risk of relying on a single region or jurisdiction.
Now, if you prefer to lower the risk of buying an individual stock even further, consider the SPDR Gold Shares ETF (GLD).
It’s one of the top five rated ETFs, all of which are “B-” in the precious metals/gold sector by Weiss.
They give you the ability to own an asset that reflects the price of gold without having to store the metal.
There’s yet another way to add direct exposure to this safe-haven asset that’s still on fire … watch the Weiss Ratings Gold Bull Market Summit here.
Be sure to do so today. This won’t stay online for long.
Cheers!
Gavin
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