Gold’s Upward Move Still Underpriced in These Dividend Gold Stocks
The price of gold $Gold - main 2406(GCmain)$ reached a record high in April 2024, driven primarily by inflation from excess federal debt monetized by the Fed.
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 $B2Gold(BTG)$ $Newmont Mining(NEM)$ $Gold Fields(GFI)$ $Barrick Gold Corp(GOLD)$
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.
https://buildingbenjamins.com/stock-thoughts/dividend-stock-picks/video-golds-upward-move-still-underpriced-in-these-dividend-gold-stocks/
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