Top Gold Stocks 2014 - Direxion Daily
Gold Miners Bull 3X Shares (NUGT) ($31) - NUGT is the top gold stock for 2014. If you are positive on
the price of gold in 2014, NUGT is the gold stock you want to buy. NUGT is a 3x triple long gold miners ETF.
When gold prices are on the rise, NUGT outperforms by a long shot. However, when gold drops below $1500 per ounce, the
miners' margins are squeezed which causes NUGT to drop hard. NUGT is a strong buy when gold stabilizes and begins to
rally. I'm giving NUGT a 2014 price target of $50. If you are positive on Gold in 2014, NUGT is the best gold
stock to buy in 2014.
Best Gold Stocks 2014 - Barrick Gold Corporation (ABX) ($18.50) - ABX
is a gold mining company that pays a 4% dividend yield. If Gold has bottomed in 2013 around $1325, ABX should rally
back to $25-$30 in 2014. Barrick Gold Corporation engages in the production and sale of gold and copper. It is also
involved in exploration and mine development activities. The company holds interests in the producing gold mines, which are
concentrated in North America, South America, and Australia Pacific; producing copper mines located in Chile and Zambia; and
a mine under construction is located in Saudi Arabia.