2 Unstoppable Gold Stocks to Buy in 2022 and Beyond
Gold stocks tend to be pretty volatile, particularly if you delve into the smaller miners. But it doesn't have to be that way if you step back and consider all of your alternatives in the precious metals space. Royal Gold (NASDAQ: RGLD) and Wheaton Precious Metals (NYSE: WPM) are two gold stocks that do things a bit differently, a fact that makes them worth a close look in 2022 and beyond.
If you want to get gold out of the ground, first you need to find a place with enough gold. Then you have to get approval to build a mine (no easy task given the environmental effects of a mine). You have to finance and construct the mine, and then you have to run it. Although this is an oversimplification of the process, not a single step here is at all simple or cheap. In fact, even after a company has a successful mine, there are still material risks, including variable ore grades, mine accidents, and work stoppages, among many others.
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Source Fool.com
