WM - One Year January 16, 2023 the stock price was 21 cents and the price of gold was $1923.00 and in February gold hit a low of $1808.00
Fast forward to January 15, 2024 and WM is sitting at 8.5-9 cents and gold is $2055.00. About $131 difference.
Eventually the Federal reserve will cut interest rates at some point, probably not until the spring, but it will eventually happen to stimulate the economy. When they do the US dollar will devalue and gold prices will spike. In the meantime if we just look at a straight yearly comparison, WM is waaay undervalued. I think a turn around is coming very quickly in the stock. WM should start climbing to that 13-15 cent mark.