Increasing purchasing power due primarily to falling unemployment and fiscal stimulus policies are driving rising inflation in the United States. This environment makes for a favorable backdrop for gold because the precious metal tends to perform well in inflationary conditions. Hence, we think investors seeking to capitalize on the turnaround in gold prices could bet on mining stocks Kinross Gold (KGC), Yamana Gold (AUY), Alamos Gold (AGI), and Centamin (CELTF). They are all still trading at reasonable prices.