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Time For The Gold Mining Sector To Shine? Fundamentals Look Very Compelling | Axel Merk
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The prospects for companies in the gold mining sector have rarely ever looked better.
Balance sheets are strong, management is experienced, outlook for the underlying gold & silver precious metals is optimistic, and many of the big players are nicely profitable and have solid cash flows.
M&A activity is starting to pick up in the smaller development & exploration players, which is where Axel Merk, manager of a gold mining fund, expects the biggest returns to take place.
And most important, he thinks we are still in the early phase of this bull market in miners.
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#gold #silver #mining
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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