Considering adding a gold miner as a small “hedge” for elevated stock values, as well as black swan events. Looked at several larger miners- GOLD (Barrick), NEM (Newmont), etc. would ideally like to get one and just set it on “reinvest dividends” in tax advantaged account. What miner is the “best” for a US investor? Or should I just go with an ETF like GLD, GDX, etc.? Thanks
I hold both GDX and GDXJ. But if you want to hold only one gold-miner, GDXJ would be better as it mixes both junior and major miners in spite of its name [it got just too big to be junior miners only].