Investing in Gold Miners Vs. Investing in Gold

Since 2006, the price of gold has nearly doubled, but the average gold miner’s market cap has been cut in half. James Rasteh, founder of Coast Capital LLC, goes into detail on how poor management, misallocation of capital, and declining discoveries of new gold reserves have affected the industry. This clip is excerpted from a video published on Real Vision on September 21, 2018 entitled, “Why Gold Miners Can Finally Shine.”