Gold investors across the globe are finding a renewed sense of excitement towards the yellow metal. And for good reason.
The price gold of gold has made a massive comeback!
If you’ve been watching the space at all, you know that the gold price has been on a downward spiral since 2011.
Now, thanks to an ever-growing demand from central banks, and a nosediving US dollar, the price of gold has reached a 6-year high, skyrocketing to over $1,400 USD per ounce.
And this is only the beginning.
Wall Street and Main Street are both BULLISH on Gold
Even billionaire Ray Dalio, founder of the world’s largest hedge fund, is bullish on gold.
Naturally, investors are bursting at the seams with excitement because the best way to make money from the price increase of gold is by investing in gold stocks.
And we are absolutely ecstatic because we’ve found an under-the-radar gold company that owns one of the highest-grade undeveloped gold projects in the world.
Yes, you read that right. Now you can see why we’re so excited about this deal!
The current gold price is enough to garner investor interest and this is just the beginning.
Let’s take a look at some of the factors that will continue to boost the gold price.
The US dollar is weak; the stock market has been dropping; there is political volatility all around the world; global economic growth is slowing down; US monetary policy is less aggressive, and Brexit is creating a ton of uncertainty and concern.
Uncertain times like these have always pointed investors towards gold, as it offers a safe haven with reduced risk.
We are certain that under these circumstances, more and more investors will turn to gold to protect and grow their wealth.
And what better way to get in on this bull market than investing in gold stocks?
As we mentioned earlier, this under-the-radar Canadian company offers one of the world’s most prolific undeveloped gold projects.
It’s no surprise that all seven analysts that checked out the project believe this company is significantly undervalued and gave it an average price target of $2.62, which represents an increase of 140.37% from its current share price.
When you compare this company to its peers, it’s pretty darn clear that these analysts know what they’re talking about.
The numbers really speak for themselves. The free cash flow this project will generate is nearly half of Lundin Gold and Torex Gold, yet their market caps are 14.7 and 16.3 times higher!
I hope you are as excited as we are about the gold stock because we want to give you the details about this once-in-a-lifetime opportunity.
But you’ll want to HURRY, analysts have already caught on and it’s only a matter of time before more investors learn about this company as well.
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