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NovaGold (NG): 'Exceptional bet' in mining |
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| Jul 01, 2009 04:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Barrick Gold (ABX), Commodities, Stocks to Buy "In the 2000s, as we've alternated between deflationary and inflationary worries, gold has been the only major investment to rise every year," says Stephen Leeb. In his The Complete Investor, he explains, "We think that many miners are exceptional bets today. And among our favorite gold investments is one that we hold in our small cap value model portfolio: NovaGold Resources (AMEX: NG)." "The case for mining stocks is that the price of gold rises faster than miners' costs, allowing margins to increase. Continue reading NovaGold (NG): 'Exceptional bet' in mining NovaGold (NG): 'Exceptional bet' in mining originally appeared on BloggingStocks on Wed, 01 Jul 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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