Crescat Capital’s Target Price For Gold And Silver

Today’s “Macro Presentation” featuring Crescat’s portfolio managers, Kevin Smith and Tavi Costa, check out the following link to watch a replay:

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Target Price For Gold And Silver

Therein, we disclose our target price for gold and silver and discuss the outlook for our activist precious metals portfolio. Even though our performance has been strong recently, see why we believe there is so much more to play out still ahead of us.

Also, check out our most recent research letter about the "Three Pillars of Inflation."

Gold at $1,900 and precious metals miners have never been so cheap. They have the highest median free cash flow yield in the last 26 years and are now on track for six straight profitable quarters for the first time in history!

Sincerely,

Crescat Capital LLC

Kevin C. Smith, CFA

Member & CIO

Tavi Costa

Member & Portfolio Manager

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