Of course, GLD isn't your only option for gold exposure. Another interesting one is Newmont Mining ( NEM), the world's second-largest gold miner. One of the most attractive attributes in Newmont is the discount that this stock has been sporting lately. Miners as a group have failed to mirror gold's rally in 2011, even though gold spot prices flow directly through to their income statements each quarter. That disconnect makes miners particularly attractive right now. Newmont addresses some of that gap by locking its 2% dividend payout to the price of gold. The fact that investors' fortunes are aligned with Newmont's makes this a unique way to make a macro bet on gold. Newmont, which I also featured in " 7 Stocks Dishing Out Bigger Dividends," shows up on a recent list of 6 S&P 500 Stocks Poised to Outperform the Index.