Q: I’m mulling over reducing my exposure to gold mining companies. I own AEM, WGX and a junior. My weighting overall is 2%, not very high I grant you. I foresee Trump’s tariffs driving the USD higher. The Federal Reserve can lower interest rates to compensate but they can only go so far. I’m in the black on all three stocks (for now) but the price of gold can be volatile!
Any thoughts you have would be appreciated.
Jim
Any thoughts you have would be appreciated.
Jim
5i Research Answer:
A stronger dollar is negative for gold, generally. We are not sure we would want to go to a zero...