KL - Kirkland Lake Gold: Mining For Inflation Protection
- Exposure to gold may provide portfolio protection if inflation proves to be something more worrying than the transitory picture painted by the Federal Reserve.
- Buying high quality gold mining companies at fair value or below provides an opportunity to benefit from both inflation protection and share price appreciation over time.
- Kirkland Lake Gold has a robust balance sheet, with a healthy cash balance and no debt.
- With assets in Canada and Australia, Kirkland Lake Gold's jurisdiction risk profile is very low.
- For investors with a neutral to bullish view on gold prices relative to current levels of ~$1,800/oz, Kirkland Lake Gold offers well priced portfolio exposure to gold.
For further details see:
Kirkland Lake Gold: Mining For Inflation Protection