When Your Money Gets Even Greener?

With so much economic turmoil in the financial world, there are a lot of investors who are scrambling for something other than traditional stocks and bonds. As the value of fiat money continues to decline, many investors are looking for tangible assets to put their money into.

Although investing directly into natural resources can be a good idea, putting money into the companies that mine them also may represent a safe bet. Here are a few companies that you might want to consider investing in if you are interested in natural resource investing. a potentially green or environmentally focused way to put your money to work.

Chevron Corp is one of the most well-known companies in the natural resources industry, and they are poised to continue generating profits for years to come. Everyone has heard of this company, and it is performing as well as ever. The Street gives them an A rating, which cant be said for every company in the industry. They primarily deal with oil, but they also have some other endeavors that help contribute to the profitability of the company.

Almaden Minerals

Almaden Minerals does not have the same clout as Chevron, but they are an up-and-coming company that has a lot up its sleeve. They are an exploratory company that goes out and looks for mining deposits. At the moment, they have more than 40 different properties that are in one stage or another. They have a good track record for your company, and many investors are starting to see the value in this one.

Minco Gold Corporation

Minco Gold Corporation is another exploratory company that is out there looking for precious metals on a regular basis. Obviously, they are primarily looking for gold deposits.

Currently, they are acquiring a lot of land in China, which has become a popular destination for gold seekers in the last few years. Minco Gold Corporation hasnt been that profitable recently, because most of their money has gone into investing in infrastructure so that they can pull more gold out of the earth.

Getting Advice

In the natural resources industry, it can be difficult to separate the winners from the losers. Seek out some advice from experts like Reed Cagle of the Colorado Mining Association. Just make sure that you only pay attention to individuals who know what they are talking about, instead of trusting anyone who has a hot stock tip for you to follow.

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Disclaimer: Easy Ways to Go Green is not an investment firm, nor are we dispensing professional financial information. Please consult with a financial professional before investing your money in any company. The information presented here does not constitute any incentive to buy or sell the aforementioned stocks. [Photo Via: Almaden Minerals ]