"As the name suggests, Royal Gold (NASDAQ: RGLD) is a royalty company, one of the larger and longest-established of such companies, with a focus on gold," says resource exprt Adrian Day.

In his Global Analyst advisory, he explains, "In my view, the stock offers a combination of growth, low risk, and high potential." Here's his look at this "golden opportunity."

"In the past year, the company has acquired two significant royalty packages, the first last year from Barrick and more recently from Teck Cominco. The Barrick package includes approximately 70 royalties.

"Even before these acquisitions, it had a solid long-term growth record, in royalties and in revenues. Its pipeline is solid, including a royalty on the large Pensasquito mine of Goldcorp; when that ramps up in 2012, it will add about 25% to Royal's revenues.

"Gold is now looking stronger; it is time that investors have gold in their portfolios," says Curtis Hesler. In the The Professional Timing Service, he looks at gold's seasonal patterns.

"I think they will rush to commodity-based assets because of the serious underinvestment phase the commodity sector is involved in now. This will lead to shortages and very high prices down the road in all commodities.

"Once the dollar begins to roll over, gold will be an instant benefactor. It is already looking stronger in my technical work, and it is time that investors should have gold in their portfolios. I still recommend that you put new money into the major gold miners only.

"We are approaching an interesting seasonal period for gold. Years ago, the Stock Trader's Almanac used to specify a seasonal trade in gold.

"Their study showed that if you bought ASA Ltd. (NYSE: ASA) at its low in November and sold it at its high in the first quarter of the next year, you would have averaged a gain of 87.8%.

It seems that everywhere you turn you hear something about the price of gold, from analysts to commercials encouraging you to sell your old jewelry for big bucks. If you're tempted, how about a bit safer investment in the commodity? Let your money work for you -- invest in an Exchange Traded Fund (ETF) that hold shares in several different gold producers, and you can ride the wave of the industry.

Market Vectors Gold Miners ETF (AMEX: GDX) is a perfect opportunity to ride this wave with as the fund's goal is to mimic the price and yield performance of the AMEX Gold Miners index, before fees and expenses. This is a nondiversified fund that is comprised of several well known companies whose main operations involve gold and silver mining.

There are two reasons to buy GDX instead of the SPDR Gold Trust (NYSE: GLD) or the iShares Comex Gold Trust (NYSE: IAU) both of which are pure gold ETFs (you own a share of gold sitting in a safe). First, the ratio between gold and the value of the gold held by miners has been relatively stable for 30 years. But today, the gold miners are selling at 33% of that historical ratio, so bulls say it's better to buy the miners, not the metal. Second, the biggest expense of a mining company is energy. Oil today hit $54 per barrel, down 63% from a peak of $147. This adds to the profits of the Gold Miners.

"The number one reason I like gold is because of inflation -- now a big problem in the emerging markets and the major economies," says resource expert Eric Roseman.

In his industry-leading Commodity Trend Alert, he says, "One of my favorite companies in the world is Goldcorp (NYSE: GG)." Here, he looks at this gold mining firm.

"Inflation sits at a nine-and-a-half-year high in Asia at 7.5%, a 15-year high in the Euro-zone at 3.7% and in the United States it's at 4.2% -- if you believe government data in the first place. I don't. I say inflation is running closer to 10% in 2008, not 4.2%.

"The cost of living, mainly in food and energy, is now totally out of control and destroying business margins and eroding the purchasing power of consumers, especially in the emerging markets where food and energy consumption devours more than 65% of wages.

"It seems very obvious to me that Asian governments have now lost control of inflation. The same applies to the Gulf countries which peg their currencies to the dollar. And in Europe, the European Central Bank is freaking out because of high inflation.

"The recent pullback in commodity prices has opened up this window of opportunity," says resources expert Larry Edelson who reaffirms his long-term bullishness on gold.

In his Real Wealth newsletter, he explains, "If you think the slowdown in the U.S. economy is impacting China and other emerging markets - ground zero for the natural resources boom - think again." Here, he discusses his favorite gold plays.

"Not only are the Chinese and Indian economies expected to surge more than 9% this year, countless other economies throughout Asia, the former Soviet states and Latin American countries are also growing by leaps and bounds.

"As long as this massive new demand continues, natural resources and commodities will continue to soar And investors who use temporary pull-backs in this long-term bull market stand to multiply their money - over and over again - for years to come.

"You must own some gold in this economic environment. Gold represents the epitome of the natural resource boom because it is the world's best barometer of inflation and financial crises. When inflation is on the rise, as it is now all over the world, gold thrives.

When gold recently moved above $1,000 the Aden Forecast presciently noted that the metals were overbought and forecast a "well deserved breather" for the precious metals.

Now, with the setback in metals prices, Mary Anne and Pamela Aden explain, "We can't stress enough that you should stay invested in the major uptrend, which still has years to run. Don't get left behind or shaken out." Here is their outlook on metals and some favorite mining stocks.

"Are commodities the new bubble? Have they replaced the real estate bubble, which replaced the
tech stock bubble, as investors move from one bubble to another? It sure looks like it.

"But the big difference is that this metals and commodities bubble has a lot further to go. Why? Basically, the perfect storm has been gathering and it's going to fuel a mega rise that will likely last for years to come.

"Most important is China and other growing nations, which are keeping demand and prices super strong. China's growth has been astounding at over 9% each year for more than 25 years. During that time, China has lifted 300 million people out of poverty and it's quadrupled the average income.