- The money supply has been growing at an incredible rate, which has caused gold prices to increase, despite the recent pullback.
- There is little appetite to curb spending in Washington so it seems likely that this bullish environment for gold will continue.
- Franco-Nevada sees its revenues and cash flows increase when gold prices do.
- The company has a number of gold mining interests scheduled to start producing over the next few years that should further stimulate its growth.
- The company has an incredibly strong balance sheet, good dividend coverage, and history of regularly raising its dividend.
For further details see:
Franco-Nevada: Positioned To Prosper As Gold Prices Surge