Five-Stock Portfolio #3: Large Cap Royalty/Streamers

Favorable recent deals = rising future cash flow

The past few years have been brutal for small gold/silver miners, with capital scarce and loan terms unfavorable.

But the same few years have been a target-rich environment for the royalty/streaming companies that finance emerging mines in return for a share of future production. Industry downturns (like 2023) are where they cut favorable deals with desperate miners that generate rising cash flow when precious metals prices recover.

Now that the long-awaited gold/silver bull market has arrived, expect the royalty/streamers to start using their newfound cash to do investor-friendly things like raising dividends and buying back stock.

The biggest, most diversified companies in this space should, as a result, produce high returns with minimal risk for the next half-decade or so. Here are a couple of relevant background articles:

The Only Gold Stocks You Really Need

Franco-Nevada Takes Its Cobre Panama Hit

And here’s a Five-Stock Portfolio of large-cap royalty/streamers that offers instant exposure to one of the most successful business models, not just in precious metals but anywhere, right up through the currency reset.