Chris Marchese: What Could Move “Grossly Undervalued” Mining Stocks

Investing News, Released on 9/9/21 (Recorded on 9/2/21)

*This interview was filmed on September 2, 2021.

After hitting an all-time high last summer, the gold price spent this year’s warm months in the doldrums, leaving some investors disappointed about its performance.

Chris Marchese, chief mining analyst at GoldSeek and SilverSeek, said that the yellow metal’s price activity this past year hasn’t bothered him.

What Marchese is more disappointed in is the performance of mining stocks. “They are grossly undervalued right now — it’s incredible relative to their cash flow potential or cash flow generation,” he told the Investing News Network.

0:00 – Intro
0:20 – Gold’s price correction not concerning
3:48 – Takeaways from Jackson Hole meeting
7:17 – Why gold stocks are underperforming
12:05 – How inflation impacts mining stocks
14:49 – M&A potential and spending from juniors
19:26 – What silver needs to test all-time highs
22:30 – Royalty/streaming stocks to consider
24:39 – Outro

Chris Marchese is Chief Mining Analyst at SilverSeek & GoldSeek. Previously, he was the Senior Mining Equity and Economic Analysis at The Morgan Report. He was a Co-Founder and Director of Lemuria Royalties, before it was acquired in March 2018. He also co-authored The Silver Manifesto with David Morgan in 2015.

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