Jim Cramer Prefers Agnico Eagle Over Newmont Corporation
Here's the thing about mining stock picks from TV personalities - they're playing a different game than stackers. Agnico Eagle might be a solid operator, but when you own shares you're betting on management, operational costs, and market sentiment. When you own physical gold, you own the actual asset these companies dig out of the ground. Mining stocks can get crushed in broader market selloffs even when gold runs higher. We saw this in 2008 and again in 2020. The miners have their place for traders looking for leverage, but physical metal is the foundation. Stack first, speculate later.