By email@example.com (Reuben Gregg Brewer)
With the election of Donald Trump, the big question for gold investors is whether the uptrend that started earlier in the year is still intact, or the steep precious-metals decline following election results is the new normal.
While investors and miners probably can't predict that future, they can focus on one thing that's key to profitability -- costs. Newmont Mining (NYSE: NEM) is doing a great job on that front, but streaming-focused Royal Gold, Inc. (NASDAQ: RGLD) might be even better.
A Newmont gold bar. Image source: Newmont Mining.
What it costs
Digging gold and silver out of the ground is an expensive process. Miners first have to find a good place to dig. With any luck a miner finds enough precious metals to make the often years-long effort and expense of building a mine worthwhile.