Frank Talk: The contrarian opportunity in gold stocks today
U.S. Global Investors(GROW) Proactiveinvestors NA·2024-09-07 02:39
There is a significant contrarian opportunity in the gold market, according to U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes. Despite gold surging past $2,500 an ounce for the first time in history, gold stocks remain undervalued compared to broader market indices. Holmes points to the influence of rising Treasury yields and shifting investor sentiment as key factors behind this disparity, but argues that these conditions create a unique chance for investors willing to take a long-term view. As gold ...