Bullboard - Stock Discussion Forum Gold Royalty Corp GROY

Alternate Symbol(s): GROY.WS

Metals & Mining Gold

Gold Royalty Corp. is a Canada-based gold-focused royalty company offering financing solutions to the metals and mining industry. The Company acquires royalties, streams and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium and longer-term returns for its investors. Its diversified portfolio consists primarily of net smelter return royalties... see more

Add To Watchlist

NYSEAM:GROY - Post Discussion

Gold Royalty Corp > China's Buying Frenzy Igniting Gold Rally | David Garofalo

View:

Post by Betteryear2 on May 05, 2024 6:14pm

China's Buying Frenzy Igniting Gold Rally | David Garofalo

238 Views May 2, 2024

In this interview, David Garofalo, CEO of Gold Royalty Corp. (NYSE: GROY), discusses the huge buying of gold by China driving up prices as central banks globally diversify away from fiat currencies. He believes de-dollarization is inevitable due to money supply expansion pushing investors towards hard assets like gold. Garofalo provides an update on Gold Royalty's growth to over 240 royalties, including six producing assets, with expected 100% revenue growth this year as they leverage higher gold prices. He sees the smaller company replicating Franco-Nevada's success while offering more growth potential from a lower base, and mentions their exposure to the booming copper market.

China's Buying Frenzy Igniting Gold Rally | David Garofalo - Gold Royalty Corp. $GROY [COPPER] (youtube.com)

155