Kirkland Lake Gold (KL)

[NYBob]

Five Reasons to Go for Gold and
Invest in Kirkland Lake Gold

GROWING LOW-COST GOLD PRODUCTION (2020 GUIDANCE: 1,350,000 – 1,400,000 OZS)
A solid operating platform in leading mining jurisdictions.


INDUSTRY-LEADING PROFITABILITY AND CASH FLOW
2019 earnings per share of $2.67, well ahead of peer group; free cash flow of $463.0 million


STRONG BALANCE SHEET
A cash balance of $537.4 million at June 30, 2020 with no debt.


SIGNIFICANT EXPLORATION POTENTIAL AND ORGANIC RESERVE GROWTH
High-quality projects with significant exploration upside


TRACK RECORD OF RESULTS
A strong leadership team committed to achieving our goals, creating
shareholder value and maintaining a responsible and sustainable mining
business


https://s23.q4cdn.com/685814098/files/doc_presentations/2020/09/GoldForumAmericasSeptember20-FINAL_presentation.pdf



RE:Many investors have taken a keen interest in gold stocks aft
Gold and silver joined the rest of the financial markets in posting a negative reaction to last night’s rather bizarre presidential debate. The much-anticipated event came off to this observer as a singular reflection of the times – a metaphor for the chaos and confusion that inhabits everyday life for the bulk of Americans. The yellow metal is down $15 at $1886 as we start the day. Silver is down 50¢ at $23.76. It could turn out to be an interesting day as investors globally digest the ramifications of last night’s gloves-off, political brawl.

Stansbury Research recently posted a powerful Daniella Carbone interview of investor Thomas Kaplan. Though Kaplan made his fortune in the mining business, he is also an Oxford-trained historian who puts gold’s bull market in the context of a longer-term cycle that has yet to reach maturity. He reiterates his prediction made some time ago that gold will reach $3000 to $5000 in the years ahead. “The difference is this,” says Kaplan. “The market is now ready for the next leg of the gold bull market. The first leg was the one that took us up 12 consecutive years in a row regardless of whether there were inflation fears, deflation fears, whether there was a glut of oil or a shortage of oil, political stability or political instability, dollar weakness, dollar strength. It didn’t matter. Every year for 12 years gold went up … The next move is going to be a third wave, a long wave, that lasts for a decade or fifteen years, maybe more … I think that you really are looking at a complete paradigm shift that will make gold the generational trade.”

Chart of the Day

overlay chart showing the relationship over the long term between growth in the national debt and the rising gold priceSources: ICE Benchmark Administration, U.S. Treasury, St. Louis Federal Reserve [FRED]
[Please note that the chart reflects the price of gold and the aggregate national debt through Q2-2020]

Chart note: As we have mentioned in previous post notes, the problem with monetary stimulus – the kind of help the Fed is capable of delivering – is that it requires takers, i.e., people and businesses willing to borrow and spend. Private borrowers, though, are not as prolific and/or aggressive as the Fed or federal government would like. The federal government, on the other hand, is a ready borrower and a big one. The Manhattan Institute’s Brien Riedl recently pointed out in a National Review article, the Fed has already financed roughly half of government spending to combat the economic hit from COVID-19. How does all of this translate to a tailwind for gold? The chart above tells the story at a glance.


Many investors have taken a keen interest in gold stocks after Berkshire Hathaway reported a brand new equity stake in
Gold Stocks.

Whenever Warren Buffett makes a move, people watch and study his reasons for doing so.



(Source: CNBC.com)

Of course, Warren Buffett doesn't act alone at this stage of his investment career and his proteges, Todd Combs and Ted Weschler, could be behind the newly acquired stake.

What we do know is that gold has been considered real money for thousands of years and cannot be printed by world governments.

JPMorgan said it best with his infamous quote:

Gold is money and everything else is credit.

JP Morgan Gold quote



(Source: Steemit.com)

As governments continue to print an endless supply of currency to ease the blow dealt by the COVID-19 pandemic, gold looks like an attractive investment class.

While I always advocate owning gold as a physical asset, I am also interested in undervalued gold stocks with rising dividends as another hedge against the declining U.S. dollar.

https://www.youtube.com/watch?time_continue=5&v=RDZQoQ61RrY&feature=emb_logo


Kirkland Lake Gold - INVESTOR PRESENTATIONS -


https://s23.q4cdn.com/685814098/files/doc_financials/2020/q2/Q2-2020-CONFERENCE-CALL-AND-WEBCAST-JULY-30-2020FINAL.pdf

https://www.kl.gold/home/default.aspx


Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









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Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA