Will Gold Hit $2,000 Mark? Which Gold Stocks To Buy?

Gold prices are headed for their 12th straight annual gain. Investors are concerned that central banks and governments across the world will continue with their loose monetary policies and will add more stimulus measures to promote recovery and deal with the European debt crisis, resulting in a devaluation of currencies and higher inflation.

Gold is up 10 per cent YTD and from December 2008 to June 2011, as the Fed bought $2.3 trillion worth of debt in the last two rounds of QE, precious metals rose by a whopping 70 per cent.

For a detailed analysis of NEM please refer to our previous article on the stock. For ABX and AUY please read this article.