Saturday, 15 February 2020

This stock market rally is not real, but the gold sector is going to explode

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.

- Source, Kitco News