10 Gold Stocks for 2008

9) Northern Dynasty Minerals(NAK - Cramer's Take - Stockpickr) is a Vancouver-based company that is exploring for gold and other industrial metals in Alaska; it holds a huge property in Alaska that many analysts think is going to be a doozy. Anglo American, the U.K. mining giant, thinks enough of the property to have committed nearly a billion-and-a-half dollars to a 50/50 joint development partnership. This is not for the faint of heart, though, as this project isn't scheduled for commercial production until 2015.

10) As I recently wrote about more extensively, one other speculative way to play gold is via the Silver ETF(SLV - Cramer's Take - Stockpickr). Sound odd? Without repeating the comments made in the article I link to here, silver tends to rally most strongly at the end of major gold moves (as do the most junior, speculative mining shares). The fact that silver has not yet blown off suggests to me that more upside remains. If we're nearing the end of an up move in gold, then silver might make a big short-term pop.

Given the course the Fed and other central banks seem sure to follow in 2008, investors can expect the commodities bull market to live on. Precious metals probably have some gas left in the tank.