When it comes to safe havens, nothing shines as bright as gold.
Considered the ultimate store of value, the hard currency is often loved by investors when things get dicey. The problem is, the last few years, things haven’t been dicey at all. In fact, it’s been pretty much smooth sailing for the economy. As a result, gold hasn’t since regained its highs last seen during the aftermath of the global recession.
But all that could be changing.
Gold has been quite resilient in recent weeks as several data points have flattered. Adding to that has been the continued escalation between the United States and North Korea. For investors, we may finally see rising and sustained gold prices. And that is perfect for the miners and their gold-linked dividends.
How should you invest in gold? Find out here.
A Great Year for Gold
After peaking at roughly $2,000 per ounce, gold has spent the back half of the decade scraping the bottom of the barrel. And crawling higher, the yellow metal never really cleared that $1,100 mark. But it looks like gold bugs may finally have the last laugh. So far, 2017 is shaping up to be a banner year for the precious metal.