Gold mining stocks pay dividends...Sold NCM $44.....Gold has held value over the years. Was 25USD an ounce 1913 and 35USD an ounce 1933....
1314 USD per ounce 2019. One USD now worth 4 cents of a USD in 2019 due to inflation year on year since 1913!
Still denying inflation!
Even my Gold holding is up 8%...Bank interest 2%....Taxed on both. CGtax Discount on Gold held 12months. Bank Interest straight to income!
Calculate your Stocks/Dividends "inflation" adjusted....You know purchasing power of the Dollar...Gold Holding up nicely...
Printing money does not increase purchasing power!
IMO!
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Will Souter, CFO
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