Positioning for strength in Aussie Dollar gold

Livewire Exclusive

Livewire Markets

The current macro economic environment has provided a strong set up for the price of gold - particular for Australian dollar gold. John Deniz, Managing Director at Paragon Funds, says he remains positive on this sector and shares some of the considerations he takes when investing in the space. "With Australian dollar gold at near all time highs, you have to take a view on the currency. Our view is that with the Australian dollar under pressure that Australian dollar gold is likely to stay elevated for some time." When it comes to selecting stocks exposed to the gold price Deniz outlines some key criteria. 1) They must have strong free cash flows and high margins from existing productions 2) There should be minimal additional capital required 3) The asset must have a long mine life and ideally, potential for exploration upside. In this video, Deniz expands further on these points and outlines some of the stocks that meet his criteria: &feature=youtu.be

1 topic

2 stocks mentioned

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.