Video: Gold’s Upward Move Still Underpriced in These Dividend Gold Stocks
April 22, 2024 |
- The price of gold reached a record high in April 2024, driven primarily by inflation from excess federal debt monetized by the Fed.
- We have a video explaining the reasons behind this.
- Gold stocks have also made a move upwards, but we feel that they are still discounted to the current effect of high gold prices on their earnings and free cash flow.
- We like B2Gold (BTG), Newmont (NEM), Gold Fields (GFI), and Barrick (GOLD).
- We own these stocks, and they pay out a dividend with an attractive valuation.
- As gold prices move higher and the effect cascades down into these companies’ bottom line, we feel they will be priced higher by the market.