What to Buy after Physical Metal?

So you have 5 to 10% of your investment portfolio in physical gold. You took a great first step to hedge your portfolio from Central Banks go brrrrr.

Once you have this first key step, it is time to explore your options to earn leveraged returns verse the increase in gold price.

I am talking about investing in gold miners. Today the largest gold miners offer a relatively safe leveraged return against gold.

Barrick Gold (GOLD) is the second largest gold miner in the world after Colorado-based Newmont. Barrick produced nearly 5.5 million ounces of gold in 2019, while Newmont had about 6.3 million ounces. Barrick has operations in 15 countries and a market cap of $35 billion.

In 2019, Barrick and Newmont decided to join forces and maxize their Nevada gold mines in a historic partnership. The agreement, called Nevada Gold Mines, has Barrick as sole operator and owning 61.5% of the assets with Newmont owning the remaining 38.5% (the world's single largest gold-mining complex).

Barrick owns incredible assets. If cost remain the same then for each additional dollar gold rallies is an extra dollar of profit for Barrick. This situation can lead to enormous stock price gains. Take a look today.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.