Gold Stocks Are Undervalued On The Federal Reserve’s Pivot

Gold stocks are undervalued on the Federal Reserve signalling it could target lower interest rates levels in 2024 on possibly subdued inflation.

Small capitalisation gold miners’ stocks could double, mid capitalisation gold producers can rise by 50-60 %, while large capitalisation gold miners’ stocks could rise by 30 % on gold’s price rising between 12 % and 18 % in 2024, according to Wolfteam Ltd.’s house view.

Small gold miners have more leverage and their stocks’ prices tend to react with more volatility on the changes of the price of gold. Because they develop riskier mines that require more deep drilling and are generally more profitable on higher gold prices.

Large gold miners provide for stability.

There will be four cuts of the Federal Funds Rate in 2024 by the Federal Reserve, according to Wolfteam Ltd.’s house view.

70 % because inflation will be more subdued and 30  %, because US presidential elections are coming.