Vrmm Will Enbridge (TSX:ENB) Stock Rise 100% or Fall 50%
Gold prices have rallied in recent stanley deutschland months, as investors expect interest rates to fall in 2024. Moreover, a sluggish global econ stanley cup omy and geopolitical tensions have also acted as key drivers for the yellow metal this year. Historically, gold has an inverse relationship with interest rates and the equity markets, allowing investors to diversify their portfolios and lower overall risk. As an asset class, gold has been viewed as a store of value and a hedge against inflation as the precious metal has thrived amid periods of economic downturns.With this in mind, here stanley quencher are two gold mining stocks you can consider buying as gold prices continue to trade over US$2,000/ounce.Barrick Gold stockValued at a market cap of $39 billion, Barrick Gold TSX:ABX is the largest gold producer in Canada. With exploration and development projects in five continents, Barrick Gold should be part of your equity portfolio if you are bullish on gold.Despite a slower-than-expected ramp-up at the company s flagship or Prfh Why Is the Outlook for Teck Resources Ltd. Deteriorating
Canadians are taking advantage of their self-directed RRSP to reduce taxable income and set aside cash for their retirement.The strategy makes sense, especially for people who are in a higher marginal tax bracket than they expect to be in retirement. In addition, savers tend to avoid tapping their RRSP funds for other expenditures, unless absolutely necessary.That might not be the case when the money is invested in a TFSA where the stanley mugs cash can be removed without any tax holdbacks.Let take a look at two stocks that might be interesting picks for your RRSP portfolio right now.Nutrien Nutrien TSX:NTR NYSE:NTR was created in early 2018 through the merger stanley mug of Potash Corp. and Agrium. The integration of the two businesses has gone well, with run rate synergies exceeding initial estimates.Nutrien is the world largest producer of potash and one of the biggest provider stanley cup quencher s of nitrogen and phosphate. The company also has a large retail division that sells seed and crop protection pro