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Brian Leni of Junior Stock Review weighs in on investing in gold juniors vs. producers and shares his thoughts on interesting area plays.
The gold price may be lower than it was last summer, but with levels still historically high many investors remain interested in companies focused on the yellow metal.
Junior exploration stocks typically offer the biggest potential rewards (and risk), but experts are increasingly pointing to gold miners as a profitable option.
Speaking to the Investing News Network, Brian Leni, founder and editor of Junior Stock Review, said looking at gold producers could make sense for some investors.
Gold has long been considered a stable means of storing wealth, and the gold price often scores its biggest gains during turbulent times as market participants rush into this well-known safe haven investment.
Unarguably, the 21st century has so far been heavily marked by substantial episodes of economic and sociopolitical turbulence. These uncertain times have pushed the gold price to record highs as investors seek the perceived security of the precious metal. And each time the gold price rises, there are bound to be calls for even higher record-breaking gold prices.
Gold market gurus from Rob McEwen to Frank Holmes to David Smith have shared eye-popping predictions on the gold price that would make any market participant salivate gold bug or not.