A Superior Business Model: Why I Just Put Wheaton Precious Metals On My Watchlist
WPMWheaton Precious Metals(WPM) Seeking Alpha·2024-08-31 05:59

GeorgePeters Introduction I have been bullish on gold for a while. For example, last year, I wrote "Buy GDX Before It's Too Late." GDX is the VanEck Gold Miners ETF (GDX), which I often use as a proxy for this industry. Since then, gold miners have returned 36%. They have been supported by the price of gold, which has made its way above $2,500 per troy ounce. Data by YCharts My gold thesis has mainly been based on expectations of lower rates in the future, potentially triggered by the Fed having to pick bet ...