Stocks and Investing
Stocks and Investing
Don Hansen: Gold, Silver Stocks "Extraordinarily Undervalued," Data Shows What's Next
- Private investor Don Hansen has honed his resource sector investment approach for more than 20 years, and he shared his latest research in a conversation with the Investing News Network. Focusing on the state of the US monetary system and how it relates to gold,
The article by Don Hansen on MSN discusses the current undervaluation of gold and silver stocks, highlighting that despite a recent surge in gold prices, the stocks of companies mining these metals have not kept pace. Hansen points out that while gold has hit new highs, the market cap of major gold miners like Newmont and Barrick Gold has not reflected this increase, suggesting a significant disconnect. He attributes this to several factors including high operational costs, geopolitical risks, and a lag in investor sentiment towards mining stocks. Hansen also notes that silver stocks are even more undervalued compared to gold, with silver prices not yet reaching their previous highs. He suggests that this discrepancy could lead to substantial gains for investors if the market corrects, predicting a potential boom in precious metal stocks as economic conditions evolve, possibly driven by inflation fears, currency devaluation, or increased industrial demand for silver.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/don-hansen-gold-silver-stocks-extraordinarily-undervalued-data-shows-what-s-next/ar-BB1mPbXx ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/don-hansen-gold-silver-stocks-extraordinarily-undervalued-data-shows-what-s-next/ar-BB1mPbXx ]