The stock market correction is coming – I am sure of it. That’s why I have been buying more gold stocks recently. For my next investment in this industry, I have created a ranking of the best stocks, based on their financial data:
These numbers show that the company is better than the respective percentage of competitors in each area. The value rank of 65 for Centerra, therefore, means that the value of this stock is better than 65% of its competitors. You, therefore, get more for your money.
Centerra has a combined rank of 83, so they have better value, growth, and security than 83% of comparable stocks. This value is very high – the best among the listed gold producers. That’s why we’ve already bought Centerra.
The second-best stock is IAMGOLD – an acronym for "International African Mining Gold Corporation". And there is an interesting indicator that Africa might be doing much better than we think: the migrants. An expert on this topic explained it to me this way: people from different nations converge as they become more alike. People from Africa are making the journey to Europe because they like their chances there because they can imagine having a good life there. A migrant is a courageous, confident, resilient person who believes in himself and his abilities. Those that don’t fit this description stay where they are.
African migrants will open Africa to Europe, and Europe will benefit from that. I am convinced of that and that is why I invest in Africa and IAMGOLD. What are you investing in?