The best way to play the rising gold price

There are many ways to play the rising gold price, but Doug Casey favours junior precious metals exploration companies. Here he shows you how to incorporate gold stocks into your investment portfolio.

While there are a number of ways to play rising gold prices, my personal favourite is the higher-quality junior precious metals exploration companies. Those are companies with a high-risk profile (few will ever actually make an economic discovery), but you can apply analytical screens to them that greatly lower that risk...leaving some truly extraordinary upside.

How extraordinary? While an extreme example, on the back of the Eskay Creek discovery Consolidated Stikine Resources went from 10 cents per share in 1988 up to a high of $73 in 1990, a stunning 70,000% gain!

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