Fahad Tariq, Vice President, Equities Research – Precious Metals at Credit Suisse discusses key developments in the gold market and the investment appeal of gold mining equities. Fahad tackles specifically how the gold market is tied to real rates as well as nominal rates, and what a dovish outlook from the Fed means.
The broader macro picture is considered and what this means for a bullish outlook on gold in the near term. We touch on The Bitcoin effect on capital allocation to gold, and we cover the strong performance of gold miners, predominantly producers, and how free cashflow and healthy balance sheets make these equities relatively undervalued.
