Tuesday, August 23, 2022 12:09:14 PM
initiated coverage on the seniors in mid-2020.
Gold Stocks Likely to Outperform Gold in a Rally
Our analysts are expecting a rally in gold prices as the Fed is likely to take a less
hawkish stance in its meeting next month due to weaker economic activities and
GDP growth.
They believe high inflation and slower-than-expected rate hikes are highly conducive
for gold.
Analysts are expecting a rally in gold prices, and believe NEM and GOLD have
higher upside potential than the metal.
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