LONG IAG (playing Gold Price Uptrend)
with gold price higher today due to declining treasury yield ( as market anticipate less hawkish Interest Rate policy), there are several opportunities with gold miners. I personally prefer AUY but due to recent mergers and corporate structure changes I don't want to take chances. IAG is less profitable but adjusted gold prices the valuation would be different and it might turn to profit on a spot, which could boost it stock price immediately.
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