This post is part of a 12-article feature that can be read here: Today's best income ideas.

"It's time to buy Gabelli Global Gold, Natural Resources & Income Trust (NYSE: GGN) a closed-end management investment company that seeks to provide a high level of current income," says Bryan Perry.

The growth and income expert -- and editor of The 25% Cash Machine -- highlights the high-yielding play on gold and natural resources.

"Back in December we sold our position in GGN for a 45% gain in two months. But at that time, I promised to jump back on board after a sharp pullback, since gold is going to be a good inflation hedge this year and could hit $1,000 per troy ounce. Well, now it is time to buy back into GGN.

"The government will likely do whatever it takes to breathe life back into the banking sector," says Bryan Perry. In The 25% Cash Machine the growth & income specialist eyes iShares S&P US Preferred Stock (NYSE: PFF).

"One of the hottest themes of 2009 for big-cap money managers is to take a stake in high-yielding preferred stocks in companies backed by the Troubled Asset Relief Program.

"Preferred stocks were smoked with the credit markets in the latter part of 2008, to a point where the definition of 'capitulation' was rewritten for all time. But investors are still attracted to preferreds because yields are near double digits, and famed investors like Warren Buffett are also investing their money there.

"One of the sectors I want to buy when it's on sale is the coal business," says Bryan Perry, editor of The 25% Cash Machine. Here, he looks at Fording Canadian Coal Trust (NYSE: FDG).

"Fording Canadian Coal Trust is an open-ended mutual fund trust and one of the largest royalty trusts in Canada. The trust makes quarterly distributions to unitholders using royalties received from its 60% interest in the metallurgical coal operations of the Elk Valley Coal Partnership.

"It is a beneficiary of the booming global steel industry where FDG's business is concentrated. Despite interruptions in coal production and delivery that may cause wild price swings, the underpinnings to the supply and demand equation for metallurgical coal are solidly bullish.

"Frontline Ltd. (NYSE: FRO) is the 'mac daddy' of the oil transport business," says growth and income expert Bryan Perry, who has added the shares to the model portfolio of his 25% Cash Machine.

"Frontline is doing a much better job of executing profits in the current market for transporting crude oil. FRO posted first quarter results that showed a jump in profits of 40%, with a dividend hiked to $2.75 for the quarter. That translates into a current annual yield of 18.25%. Even better, the company forecasts continued strength in operations and quarterly distributions.

"This kind of profit growth is a result of FRO being leveraged to the spot market for day charter rates for double-hull tankers. The company is by far-and-away the largest shipping company, with 76 vessels and a market cap of $4.4 billion.