Aug 16, 2021 Guest(s): Michael Gentile strategic investor
The gold mining sector is demonstrating excellent fundamentals, representing a complete disconnect between intrinsic value and market value, said Michael Gentile, strategic investor.
"The industry has never been better fundamentally at a time when the least amount of investors ever have interest in the sector," Gentile told David Lin, anchor for Kitco News.
Gentile cited the highest free cash flow the sector has seen in forty years, as well as the highest inflation-adjusted cash flow yield of any equity sector right now as being reasons for the gold stocks' undervaluation.