From Dividend Growth Stocks:
With the U.S. debt quickly approaching 100% of the GDP and the declining financial condition of European countries, we are seeing some very jittery financial markets. Whether you live in the U.S. or are a citizen of the world, we should all be concerned with the current financial condition of the world, and many people are. This is evidenced by the significant run up in gold.
At $1,800 per ounce, gold seems expensive to some. But for others, such as Jim Rogers, the expectation is that the price of gold will continue upward past $2,000 per ounce. Who's right? What can investors do to add exposure to precious metals when they are uncomfortable buying at these historically high levels?
One place I am looking is precious metals mining stocks. Contrary to the metals they mine, many of these stocks are trading at the lower end of historic levels.
Wanting to further reduce risk, I am only looking at stocks that pay a dividend. Many of the top mining companies are expanding and growing their dividends. Some are linking their dividend payments to the metal they mine.
Here are some stocks I am looking at...
More on gold stocks: