Better Gold Stock: Barrick Gold or Royal Gold

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The market is near all-time highs. Global debt levels are near all-time highs. Interest rates are near all-time lows. These are very good reasons why investors might want to diversify into investments that have historically been viewed as safe havens, like precious metals.There are different ways to do this, including buying a miner like Barrick Gold (NYSE: GOLD) or taking a bit of a different path and buying a streaming and royalty company like Royal Gold (NASDAQ: RGLD). Here’s a rundown on why one is probably a better option than the other.Barrick and Royal Gold share one thing in common that owning physical gold or an exchange-traded fund that invests in bullion doesn’t offer — growth. Simply put, the only upside potential for gold coins or bars is an increase in the price of gold.Continue reading
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