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This stock market rally is not real, but gold sector is going to explode
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The equities markets have been propped up artificially by liquidity injected by the Federal Reserve, but the mining sector is going through a transformative phase, this according to Chris Mancini, analyst of Gabelli Gold Funds.
“From a fundamental perspective, what’s changing is that the gold mining companies are now thinking of themselves as investment vehicles that generate free cash flow and can pay dividends,” Mancini said.
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“From a fundamental perspective, what’s changing is that the gold mining companies are now thinking of themselves as investment vehicles that generate free cash flow and can pay dividends,” Mancini said.
_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
Follow us on social media:
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
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