Revealed: Nomi Prins’ The Last Dollar Stock

Welcome back to the channel that gives away millions of dollars of expert stock research for free.

Today we're going to look at Nomi Prins' stock teaser talking about the The Last Dollar.

In this teaser, she claims to know the #1 Gold Stock of 2023, and that's the stock we will be revealing in the video below.

Additionally, we'll give you information on this stock so you can decide if it's worth investing in.

Let's get started now!

Transcript Of Video

Welcome back to the channel that gives away millions of dollars of expert stock research for free.

Today we're going to look at Nomi Prins' stock teaser talking about the The Last Dollar.

In this teaser, she claims to know the #1 Gold Stock of 2023, and that's the stock we will be revealing in this video.

Additionally, we'll give you information on this stock so you can decide if it's worth investing in.

Let's get started now!

What Is The Last Dollar?

Before we reveal the stock let's take a look at the teaser and what nomi is saying.

Many stock pickers have been claiming the new FedNow program from the Federal Reserve is the first step to the removal of paper money from society.

However, FedNow really doesn't have to do with digital currency or anything like that.

FedNow is a new instant payment service that the Federal Reserve is launching in July 2023. It will allow depository institutions in the United States to send and receive payments in near real-time through their accounts at the Fed. FedNow is designed to be a flexible, neutral platform that supports a broad variety of instant payments and value-added features. Some of the benefits of FedNow include faster access to funds, lower operational costs, enhanced security and fraud prevention, and increased competition and innovation in the payment industry.

But despite this, many people are still claiming this will end the dollar as we know it.

What Is Agnico Eagle Mines?

As part of Nomi's plan to protect you from the supposed new digital currency that's around the corner, Nomi wants you to buy a gold mining stock.

She didn't leave that many clues about the company besides that it’s better than nearly every other miner at extracting the lowest-cost gold in the world and is one of the oldest gold mining companies.

The Best match for this description is Agnico Eagle Mines, which has been around since the 1950s and is the second-lowest-cost gold miner in the world.

Agnico Eagle Mines is a senior Canadian gold mining company that has produced precious metals since 1957. Its operating mines are located in Canada, Finland and Mexico, with exploration activities in each of these countries as well as in the United States, Australia, Sweden and Colombia. The Company and its shareholders have full exposure to gold prices due to its long-standing policy of no forward gold sales. Agnico Eagle has declared a cash dividend every year since 1983.

The Company was founded in 1957 by five entrepreneurs who combined their initials to create the company name. The Company initially operated as a silver producer in Cobalt, Ontario, and later diversified into gold production in the 1970s. In 1983, Agnico Eagle acquired the LaRonde mine in Quebec, which became its flagship operation and one of the largest gold mines in Canada. Since then, Agnico Eagle has expanded its portfolio through acquisitions and organic growth, becoming one of the world's leading gold producers.

Agnico Eagle's mission is to build a high-quality, easy to understand business – one that generates superior long-term returns for its shareholders, creates a great place to work for its employees, and contributes positively to the communities in which it operates. The Company's strategy is to deliver on performance and growth expectations, build and maintain a high-quality project pipeline, develop its people, and operate in a socially responsible manner. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices.

Pros Of Investing In Agnico

Some of the pros of investing in Agnico Eagle Mines are:

- The company has a long-term focus on per share value creation, priding itself on having one of the lowest share counts among its peer group.
- The company has a solid track record of meeting expectations, delivering consistent production and cost performance across its portfolio.
- The company has an existing project pipeline that provides high-quality production growth, with several expansion projects underway at its existing mines and exploration activities in various jurisdictions.
- The company provides meaningful dividends to its shareholders, having declared a cash dividend every year since 1983. The company currently has a 3.0% dividend yield.
- The company operates in safe jurisdictions and in a socially responsible manner, adhering to high standards of environmental, social and governance practices.

Cons Of Investing In Agnico

Some of the cons of investing in Agnico Eagle Mines are:

- The company has a high payout ratio, which means it pays out a large portion of its earnings as dividends, leaving less for reinvestment and growth. This could limit its ability to fund its project pipeline or take advantage of new opportunities.
- The company faces operational risks at its mines, such as equipment failures, accidents, labor disputes, environmental issues, and regulatory changes. These risks could affect its production and cost performance, as well as its reputation and social license to operate.
- The company is exposed to commodity price volatility, especially gold, which is the main driver of its revenues and cash flows. A decline in gold prices could negatively impact its profitability and valuation, as well as its dividend sustainability.
- The company has a geographically concentrated portfolio, with most of its mines located in Canada. This could make it vulnerable to country-specific risks, such as political instability, tax changes, currency fluctuations, and climate conditions.
- The company may face competition from other gold miners for acquiring new assets, attracting capital, securing permits, and hiring skilled workers. This could affect its growth prospects and operational efficiency.

These are some of the potential drawbacks of investing in Agnico Eagle Mines. However, you should also consider the pros and weigh them against your own risk tolerance and investment objectives. You can find more information about Agnico Eagle Mines on their website or on various financial websites.