SSgA SPDR Gold Shares

Newmont Mining has a strong project pipeline of 16 projects across different stages of development throughout the world.

It’s important to understand GEO or gold equivalent ounces because gold companies like Goldcorp (GG), Barrick Gold (ABX), Newmont Mining (NEM), and Kinross (KGC), measure their production and reserves in different ways. You need to make sure you’re comparing apples to apples.

Gold mining companies like Goldcorp Inc. (GG), Barrick Gold Corp. (ABX), and Newmont Mining Inc. (NEM) report cash costs, total cash costs, total costs, and all-in cash costs. It can be very confusing for investors to understand exactly what’s what here.

In the gold industry, substantial discrepancies exist between the actual costs incurred and the costs reported by the companies. In this part, we’ll discuss different methodologies and how effective they are at representing a company’s true costs.

An inflation hedge is basically an investment that’s expected to increase its value over a specific period of time. Gold might not have a linear relationship with inflation. However, it’s probably better than most of the investment alternatives available. It protects the portfolio against inflation.

Gold is an unusual metal. It exists in the Earth’s crust as an element. It’s not chemically combined with other metals. Silver and copper are the only other metals naturally found in their elemental form.

Investing in gold is complex. It’s challenging because it’s hard to predict gold prices in the future. However, there are many indicators that investors can track. The indicators help to determine the direction that gold prices will take.