Gold Stocks to Buy in 2009 (AEM, AUY, KGC)

The U.S. Dollar is going down the tubes, Inflation is coming and everyone thinks the 1st six months in 2009 are going to be a bear market. That's right, the shit is going to continue to hit the fan. It's time to go back to basics, back to Gold and the best Gold Stocks for 2009, they are: AEM, AUY, KGC.

Agnico-Eagle Mines (NYSE: AEM) Yamana Gold (NYSE: AUY) and Kinross Gold (NYSE: KGC), three of the best:

Tickers Alone: AEM, AUY, KGC.

Name	Symbol	Last price	Mkt cap	Avg vol	52wk high	52wk low	EPS	P/E	Beta
Yamana Gold Inc. (USA)	AUY	6.78	4.74B	20.37M	19.93	3.31	0.44	15.56	1.27
Kinross Gold Corporation (USA)	KGC	17.00	11.20B	11.64M	27.4	6.85	0.54	31.19	0.36
Agnico-Eagle Mines Limited (USA)	AEM	47.09	6.78B	5.47M	83.45	20.87	0.81	57.85	1.00

But 1st, let's cheese it out with Spandau Ballet's Gold, their lyrics are the key to start investing the new year right:

Gold
Always believe in your soul
Youve got the power to know
Youre indestructable
Always believe in,because you are
Gold

Gold has got to recover. The U.S. dollar is down and is going to keep going down.  Investors around the world are already starting to look for other currencies and safe bets for consitent returns. 

That is going to take them to Gold and the gold stocks.

Happy Safe Investing in 2009.

From the AP: NEW YORK (AP) — Gold prices inched higher Wednesday in a shortened session as investors looked past discouraging economic reports and made small bets on the metal.

Economic concerns have pressured many commodities prices in the past few months, particularly energy, as investors fear a prolonged recession will lead to further declines in demand. But gold prices have been able to attract moderate investment demand in recent weeks, boosted by the prospect of rising inflation. Investors often use commodities, especially gold, as a hedge against a weak dollar.

But hold up, don't forget Mr. T likes Gold too, hey, how about a bad 1980's cartoon starring the one and only....

Man that white kid and dog kill me.

Price movements have been relatively modest though. The contract has traded within a tight range of about $60 since earlier this month.

"Given how far other things have fallen, gold has held up pretty well," said Stephen Platt, futures strategist, with Archer Financial Services. "You are seeing some shifting of interest from some sectors back into gold."

Gold for February delivery rose $9.90 to settle at $848 an ounce on the New York Mercantile Exchange.

SOURCE: http://www.google.com/hostednews/ap/article/ALeqM5jND4r3B-VBZu2Ogg2_yzjY...