Kinross Gold Will Trade Much Higher If My Gold Thesis Is Correct

Feb. 05, 2023 2:57 AM ETKinross Gold Corporation (K:CA), KGC31 Comments
Leo Nelissen profile picture
Leo Nelissen


  • In this article, I start by giving you a detailed explanation of my view on gold prices, as I believe that gold will break $3,000 after the next correction.
  • The market is too dovish, which will likely pressure growth stocks, the dollar, and metals in the next few months.
  • After that, I expect a situation to occur where the Fed is forced to pivot, as it cannot achieve a soft economic landing.
  • My go-to investment is Kinross Gold, thanks to its low breakeven prices, healthy balance sheet, and terrific valuation.
Gold Ingot and Coins



Last year, I became bullish on gold. Hence, I've written several bullish articles on gold, including this one. In this article, I want to do two things.

  1. Update my bullish call on gold, which now sees a pause in its

This article was written by

Leo Nelissen profile picture
Welcome to my Seeking Alpha profile!I'm a buy-side financial markets analyst specializing in dividend opportunities, with a keen focus on major economic developments related to supply chains, infrastructure, and commodities. My articles provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. I aim to keep you informed of the latest macroeconomic trends and significant market developments through engaging content. Feel free to reach out to me via DMs or find me on Twitter (@Growth_Value_) for more insights.Thank you for visiting my profile!

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article serves the sole purpose of adding value to the research process. Always take care of your own risk management and asset allocation.

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