FNV: Long - one of the few gold winners
Like many, I don't believe good times last forever. I like having a portion of my portfolio in gold/mining indexes as a safety net but I've been very disappointed by returns. FNV tremendously outperforms both GLD and GDX - I can't really imagine how well this company will perform when GLD/GDX start seriously uptrending. The 1.08% dividend while I wait is just icing on the cake. I am long FNV and will continue adding dips until well into the next recession...whenever that may be.
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