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Stock impact report

Legendary Investor Mark Mobius Endorses The 10% Golden Rule [Forbes]

Franco-Nevada Corporation (FNV) 
Last franco-nevada corporation earnings: 3/9 05:00 pm Check Earnings Report
US:NYSE Investor Relations: franco-nevada.com/investors/default.aspx
Company Research Source: Forbes
September 1, 2021Geometric bull charging through gold barsU.S. Global InvestorsMark Mobius, the legendary emerging markets investor, says that10% of investors’ portfolios should be in goldSpeaking to Bloomberg on Monday, Mobius said that devaluation “is going to be quite significant next year, given the incredible amount of money supply that has been printed.” As such, it’s going to be “very, very good to have physical gold that you can access immediately without the danger of the government confiscating all the gold.”I would add that even if you’re not too worried about currency devaluation (you should), gold still looks attractive as a diversifier, especially now that the market has ripped to new highs for a record number of days.The S&P 500 notched its 53rd record close of 2021 on Monday, the most ever in any calendar year through August, even as economic indicators spell weakness due to the pandemic. Stocks also appear overvalued right now with a price-to-earnings ratio of more th Show less Read more
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