Franco-Nevada Corp T.FNV

Analyst Recommendation

[retiredcf]

A lot of rate hikes are already priced into gold: VanEck’s Ima Casanova 

Ima Casanova, deputy portfolio manager at VanEck Active Gold Strategy, joins BNN Bloomberg and talks about that gold prices are being supported by high inflation, but the U.S. Fed’s interest rate hikes are pulling it the other way, keeping prices rangebound for now. She believes gold prices traditionally move higher in the second half of inflationary cycles. She likes Franco-Nevada (FNV TSX) and Wheaton Precious Metals (WPM TSX) as royalty and streaming companies protected from the cost inflation faced by gold producers.

https://www.bnnbloomberg.ca/video/a-lot-of-rate-hikes-are-already-priced-into-gold-vaneck-s-ima-casanova~2480658