Why This CEO Prefers These Companies Over Gold Right Now - TheStreet

Why This CEO Prefers These Companies Over Gold Right Now

If you want to buy gold, your best bet might be to look at royalty and streaming companies in the sector, this according to U.S. Global Investors CEO Frank Holmes.
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KITCO NEWS - If you want to buy gold, your best bet might be to look at royalty and streaming companies in the sector, this according to U.S. Global Investors CEO Frank Holmes. 'Some of our favorite names in this space include Franco-Nevada Mining, Silver Wheaton, Royal Gold and Sandstorm Gold, all of which have outperformed underlying gold for the 12-month period,' he told Kitco News Wednesday. He added that royalty companies have less volatility of cash flow. Gold prices have been struggling as markets await Fed chair Janet Yellen's speech in Jackson Hole, Wyoming.

This article is commentary by an independent contributor. At the time of publication, the author held TK positions in the stocks mentioned.