Gold Stocks Have A Secret Weapon Called Dividends

Gold stocks might be trading at similar capital appreciation valuations to that of 2009, 1982, 1979, 1960, 1945, and 1933, but let's not forget the power of dividends on total returns over time. Every secular bull sees a surge in dividends that will boosts total return that few capital return indices recognize. Do not underestimate the compounding power of dividends in whatever form, because they are coming. The increases are often hidden in plain sight for most investors to see.

S&P Gold (Formerly Precious Metals Mining)* to Gold Ratio:
* S&P Gold from 1945, Barron's Gold Stock Index from 1939-1945, 1922-1939 Homestake Mining: