Gold stocks tend to fly under the radar in a market where investors chase cryptocurrencies, growth stocks, and the "next big thing." However, the U.S. Central Bank has continued to increase the money supply in the economy, which has resulted in increased inflation.
Gold is a timeless store of value, and investors could consider these three gold stocks as tools to defend against the effects of inflation.
Gold has been a store of value for centuries, which means it holds purchasing power as a substitute for paper currency. We pay for goods and services using paper money, but the purchasing power of that money changes over time because the amount of paper currency circulating through the economy fluctuates.
Source Fool.com