
MI258: Expect Further Stock Market Declines & A Recession in 2023 w/ Chance Finucane
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Gold Mining and Royalty
The best environment for gold is when interest rates adjusted for the inflation rate or the expected inflation rate are coming down. And it's only been in the last few months that you're seeing long term interest rates fall, which is why you've started to see it bump back higher in the gold price and the value of gold mining and royalty stocks. The other really good business model look at within gold is the royalty businesses like Franco Nevada - they don't have to deal with any cost inflation as a mining company does.
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