Don Hansen: Gold, Silver Stocks “Extraordinarily Undervalued,” Data Shows What’s Next
Focusing on the state of the US monetary system and how it relates to gold, he explained that the gold price is poised to rise, which presents strong opportunities in both gold and silver stocks.
‘We are at a critical point where this is a phenomenal investment opportunity,’ Hansen said.
‘The (stocks) that I like the best are the ones that are not only profitably producing, they’re in the bottom quartile (for costs), they’re in good locations, they have good management — and they have exploration projects within their portfolio which if they develop and get it into a mine would double their production in three years or less.’
Hansen’s current favorite companies are K92 Mining (TSX:KNT,OTCQX:KNTNF), G Mining Ventures (TSX:GMIN,OTCQX:GMINF), Aris Mining (TSX:ARIS,NYSEAMERICAN:ARMN) and Aya Gold & Silver (TSX:AYA,OTCQX:AYASF).
Watch the interview above for more on the topics discussed above, as well as the outlook for the US dollar, thoughts on the BRICS nations and the impact of the US presidential election.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.