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Gold has fallen out of favor quite suddenly in recent weeks. Clearly, it became a little too popular, and some investors who believed it was perhaps the one true "safe haven", have quickly learned that gold has major risks. Even when the Euro dropped below key levels a few days ago and the Eurozone fears mounted, gold plunged nearly $100 per ounce in a single day. However, gold may only be having a healthy correction. After all, gold has posted gains every year for about the past 10 years. One explanation for the drop in gold could be that investors are using it for liquidity. When investors need cash to fund investments or offset losses in equities or other investments they often sell gold. If this happens at a time when liquidity is sought around the world, it can cause gold to drop quickly. My problem with gold is that it produces no income and it is still in the upper levels of a multi-year trading range. However, some gold exposure makes sense and many top investors believe the run in gold is not yet over.

In a recent CNBC article, Cramer states: "Yes, gold will exceed $2000 because the European central bank will have to print euros to bail out so many countries and banks and that will raise the value of gold as a

version of the world’s reserve currency. Gold will be a terrific performer once again. Mad Money’s been bullish on gold since we started and we remain bullish." Read that and more here.

Here are a number of gold related stocks that should see strong gains if gold rises above $2,000 per

ounce as Cramer predicts it will in 2012:

Goldcorp (NYSE:GG) is a gold mining and exploration company, based in Canada. This company has operations in Canada, the United States, Mexico, and Central and South America and produces gold, silver, copper, lead, and zinc. This company is a favorite gold stock for many investors and would likely see a big rally whenever gold moves substantially higher. Goldcorp pays a 54 cents per share dividend which yields 1.2%.

Here are some key points for GG:

  • Current share price: $45.08
  • The 52 week range is $39.04 to $56.31
  • Earnings estimates for 2011: $2.25 per share
  • Earnings estimates for 2012: $3.15 per share

Yamana Gold (NYSE:AUY) is a gold mining and exploration company, located in Canada. This company has gold exploration projects in Brazil, Chile, Argentina, Mexico, and Colombia. This stock recently hit a new 52 week high, but has since pulled back to more reasonable buying levels. Yamana pays a 18 cent per share dividend which yields 1.4%.

Here are some key points for AUY:

  • Current share price: $14.15
  • The 52 week range is $10.88 to $17.47
  • Earnings estimates for 2011: 99 cents per share
  • Earnings estimates for 2012: $1.30 per share

Golden Star Resources, Ltd. (NYSEMKT:GSS) is a gold mining and exploration company, located in Colorado. This company has gold exploration projects in Ghana, Sierra Leone, Niger, and Brazil. This stock looks like a bargain for speculative investors, and it could rebound in 2012 after a very tough 2011.

Here are some key points for GSS:

  • Current share price: $1.60
  • The 52 week range is $1.55 to $4.86
  • Earnings estimates for 2011: a loss of 5 cents per share
  • Earnings estimates for 2012: 34 cents per share

Newmont Mining Corporation (NYSE:NEM) is a gold mining and exploration company, located in Colorado. This company has gold exploration and mining operations in United States, Australia, Peru, Indonesia, Ghana,

Canada, New Zealand, and Mexico. This stock is another favorite of gold bugs due to the size of the company and solid management. Newmont pays a dividend of $1.40 which yields 2.3%. This stock appears to be relatively cheap when considering the price to earnings ratio.

Here are some key points for NEM:

  • Current share price: $61.68
  • The 52 week range is $50.05 to $72.42
  • Earnings estimates for 2011: $4.56 per share
  • Earnings estimates for 2012: $6.09 per share

Rubicon Minerals Corporation (NYSEMKT:RBY) is a gold mining and exploration company, located in Canada. This company has gold exploration projects in Ontario, Canada, Alaska, and Nevada. This stock recently

traded for about $3, and because this company lacks strong profits, I would only consider buying on dips around that level.

Here are some key points for RBY:

  • Current share price: $3.60
  • The 52 week range is $2.87 to $6.09
  • Earnings estimates for 2011: a loss of 3 cents per share
  • Earnings estimates for 2012: a loss of 3 cents per share

North American Palladium Inc. (NYSEMKT:PAL) is a precious metals mining and exploration company, located in Colorado. This company has gold exploration projects in Canada. This stock recently traded around

$2.25 but has rebounded sharply. I would wait for pullbacks below $3 before considering a buy here.

Here are some key points for PAL:

  • Current share price: $2.51
  • The 52 week range is $1.97 to $7.99
  • Earnings estimates for 2011: a loss of 7 cents per share
  • Earnings estimates for 2012: 17 cents per share

NovaGold Resources, Inc. (NYSEMKT:NG) is a precious metals mining and exploration company, located in Canada. This company has gold exploration projects in Canada and Alaska. This stock is owned by a

number of "smart money" investors. Famed hedge fund manager John Paulson has a substantial stake in Novagold, through his Paulson & Company, Inc. With this stock well off the 52 week high, a solid buying opportunity has appeared for long-term investors.

Here are some key points for NG:

  • Current share price: $8.63
  • The 52 week range is $5.93 to $15.14
  • Earnings estimates for 2011: a loss of 8 cents per share
  • Earnings estimates for 2012: a loss of 25 cents per share

Disclaimer: Data is sourced from Yahoo Finance. No guarantees or representations are made. Hawkinvest is not a registered investment advisor and does not provide specific investment advice. The information is for

informational purposes only. You should always consult a financial advisor.

Source: Cramer Predicts Gold Over $2,000: 7 Stocks To Buy Before The Surge