My analysis of gold stocks suggests that the upside in profits as already been promised to the managements in the form of stock options. Goldcorp is one company that is very option heavy. Just beware that if a company has a P/E of 12 and can produce an ounce for $100 that there is a reason for the valuation.
GLD isnt a stock... who couldnt profit from this bull run?!?! only a fool would be short gold recently...