While 2025 saw record gold production, mining faces a potential cliff this year as the pipeline of large-scale projects shrinks.
While I am a gold bug, I am not a narrowly focused bug. In the markets I want to increase capital, where ever that can be achieved.
But while a gold ETF is a convenient way to play the price of gold on the market, you don’t possess any gold. You have paper. And you don’t know for sure that the fund has all the gold either, especially when the fund sees inflows. In such a scenario, there have been difficulties or delays in obtaining physical metal.
If the largest wealth manager in the UK is not even considering gold as part of a diversified portfolio, then one has to wonder what exactly is being diversified, and against what?
Wealth efficiency, however, is promoted by precious metals.
Technical stock chart updates on $GDX, $NEM, $FCX and more.
One of the questions I get asked most as a dividend growth investor is not about the high-level advantages to the strategy, but the down and dirty particulars that drive investment selection.