Golden Prospect Precious Metals Investment Fund

“𝙒𝙞𝙩𝙝 𝙜𝙤𝙡𝙙 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙞𝙣𝙜 𝙩𝙤 𝙢𝙖𝙠𝙚 𝙖𝙡𝙡-𝙩𝙞𝙢𝙚 𝙝𝙞𝙜𝙝𝙨 𝙖𝙣𝙙 𝙞𝙣𝙛𝙡𝙖𝙩𝙞𝙤𝙣𝙖𝙧𝙮 𝙘𝙤𝙨𝙩 𝙥𝙧𝙚𝙨𝙨𝙪𝙧𝙚𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙢𝙞𝙣𝙚𝙧𝙨 𝙚𝙖𝙨𝙞𝙣𝙜, 𝙚𝙦𝙪𝙞𝙩𝙞𝙚𝙨 𝙨𝙝𝙤𝙪𝙡𝙙 𝙨𝙝𝙤𝙬 𝙛𝙪𝙧𝙩𝙝𝙚𝙧 𝙢𝙖𝙧𝙜𝙞𝙣 𝙞𝙢𝙥𝙧𝙤𝙫𝙚𝙢𝙚𝙣𝙩 𝙞𝙣 𝙩𝙝𝙚 𝙛𝙤𝙧𝙩𝙝𝙘𝙤𝙢𝙞𝙣𝙜 𝙌3 𝙧𝙚𝙥𝙤𝙧𝙩𝙞𝙣𝙜 𝙨𝙚𝙖𝙨𝙤𝙣, 𝙢𝙖𝙞𝙣𝙩𝙖𝙞𝙣𝙞𝙣𝙜 𝙞𝙢𝙥𝙧𝙤𝙫𝙞𝙣𝙜 𝙩𝙧𝙚𝙣𝙙𝙨 𝙞𝙣 𝙩𝙝𝙚 𝙌2 𝙧𝙚𝙨𝙪𝙡𝙩𝙨.” Golden Prospect Precious Metals Investment Fund co-fund managers Robert Crayfourd and Keith Watson provide their Fund Fact Sheet for the month of September, which saw the Company NAV rise over 3%. The #gold mining sector is now generating some of the highest free cash flow on record which will likely incentivise an increase in M&A for established producers looking to grow or replace reserves and a greater consideration to boost shareholder returns as evidenced by sector leaders which continue to guide towards a pick-up in dividends and share buybacks. You can read the full note here: https://lnkd.in/e644zHBF

📣Earlier this month, Golden Prospect Precious Metals Investment Fund co-managers Robert Crayfourd and Keith Watson were highlighted by Trustnet as two of the best investment trust managers among some of the sector's "heavyweights" thanks to their "stellar track record." Golden Prospect Precious Metals is one of the leading investment trusts amongst its peers, touting an impressive YTD increase of over 70%, it is easy to see why Robert and Keith have been highlighted! 🔗To read the full article please find the link here: https://lnkd.in/ecGkMFTZ #GoldInvesting #InvestmentTrusts

📈 𝗙𝗲𝗱 𝗖𝘂𝘁𝘀 𝗣𝘂𝘀𝗵 𝗚𝗼𝗹𝗱 𝗛𝗶𝗴𝗵𝗲𝗿: 𝗠𝗶𝗻𝗶𝗻𝗴 𝗘𝗾𝘂𝗶𝘁𝗶𝗲𝘀 𝗣𝗼𝗶𝘀𝗲𝗱 𝗳𝗼𝗿 𝗮 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 💡 In our latest analysis with Kepler Trust Intelligence, our co-fund managers explore the impact of recent Fed rate cuts on the #gold market - where prices are rising, yet mining equities have yet to catch up. The Fed’s decision has ignited momentum for gold, but mining companies continue to trade at a discount despite improving fundamentals. With inflationary pressures cooling and operating costs stabilising, miners are seeing enhanced profitability and a stronger path to free cash flow. Dive into our in-depth analysis here: https://lnkd.in/e7E5Yw-b Capital at risk

Golden Prospect Precious Metals Investment Fund has just uploaded its Fund Fact Sheet for the month of August. Fund managers Robert Crayfourd and Keith Watson provide the commentary around the #commodities and #equities space for the month of August: "Gold gained over August, reaching a new all-time high of $2,531/oz and closing the month up 7% at $2,503/oz. Regional demand for physical gold has shifted from China to the West, led by physical gold ETF buying. Gold’s move provided a solid backdrop for equities. Despite the strengthening of sterling by over 2% against the dollar, the Fund NAV gained c.6% over the month. This is compared to a 2.6% sterling decline registered by the VanEck Junior Gold Miners ETF (GDXJ) and a 1.8% gain by the larger-cap VanEck Gold Miners ETF (GDX) over August.” You can read the full note here: #investment #assetmanagement #goldprice

“ETFs had been steady sellers for 18 months, and have now been steadily adding for the last three months." “And that’s where I think that rate cut has a bigger impact.” CQS co-fund manager Robert Crayfourd has been featured in a Bloomberg article on the impact of the recent Fed rate cut on ETFs. Read the full article here: https://lnkd.in/eK94BVKa  

📈 Gold at all time highs, miners yet to follow💡 In our latest commentary with Kepler Trust Intelligence, Golden Prospect Precious Metals Investment Fund co-fund managers Robert Crayfourd and Keith Watson share their insights on the disconnect between the gold price and mining equities, as well as the improving profitability and momentum in the mining sector. Inflationary cost pressures, which once constrained miners' margins, are easing, providing a pathway to improved free cash flow and a potential rerating of these undervalued equities. If you're looking to explore how to gain exposure to this opportunity, check out our detailed analysis here: https://lnkd.in/eiPk5YZK

"Long term performance has been robust yet the shares are undervalued, trading at just 35.3p even though the firm's assets were valued at 45.5p only last week. That discount should narrow as Keith Watson and Robert Crayfourd's portfolio continues to deliver, making Golden Prospect an attractive buy." joanne hart has featured Golden Prospect Precious Metals Investment Fund in the weekly Midas Share Tips column of the Mail on Sunday. Read the full article here: https://lnkd.in/ep_e27n5

Golden Prospect Precious Metals Investment Fund have released the June Fact Sheet for the fund. Some of the key takeaways for the month from fund managers Robert Crayfourd and Keith Watson ⬇️ · Gold held flat on the month, maintaining May gains at around $2,400/oz · Western demand for gold began to pick up, with physical ETF holdings showing some additions · Cost pressures are now easing, and in some cases reversing, which should support improved cash generation for producers, given the higher gold price through the second quarter. With Chinese demand resilient, Western demand recovering and the combination of the gold price at all-time highs yet the miners close to all-time lows on price to NAV multiples, we believe the risk-reward profile is attractive The fund added Robex Gold, who have an attractive gold development mine in Guinea, with a new strong mine-building team.   Read the full report here: https://lnkd.in/er4EjDs5   #investment #trust #gold #equities

Golden Prospect Precious Metals Investment Fund and CQS Natural Resources Growth and Income plc Investment Fund manager, Robert Crayfourd, spoke to Daniel Coatsworth on the AJ Bell Money & Markets podcast about the recent surge in the #gold price. Gold serves as a hedge against the risks of ongoing geopolitical tensions, inflation concerns, and economic uncertainty, making it an attractive investment during volatile times. Rob also notes the potential turning point for the gold #mining sector, with many companies improving their balance sheets and now well-positioned for growth, with a potential rerating of gold mining equities likely! Listen to the full episode here, or wherever you get your podcasts: https://lnkd.in/ercpKB4g #commodities #investing #capitalmarkets #miningequities

Golden Prospect Precious Metals Investment Fund have released the May Fact Sheet for the fund. Fund managers Robert Crayfourd and Keith Watson comment on the recent trends across the #mining and #gold sectors. 📈 The fund's NAV gained 7.5% versus sterling returns of 7.0% for the Philadelphia Gold and Silver Index Some of the key takeaways for the month ⬇️ · Gold peaked at over $2,450/oz and rose 1.8% in May; silver increased nearly 16%. · Precious metal miners lagged behind gold and silver prices but are expected to catch up as cost pressures ease. · Strong Chinese retail demand boosted gold prices, with a $30/oz premium in Shanghai. · Easing inflation and softening economic indicators are supportive for precious metals prices · ETF gold selling slowed, with buying resuming amid China-Taiwan tensions and US-China trade issues. · The fund added to Canadian gold miner New Gold Inc. and gold developer Predictive Discovery. Read the full report here: https://lnkd.in/e3n9PX5J   #investment #trust #gold #equities