‘Churning out good cash’: Analyst says a slowdown could boost these global stocks

‘Churning out good cash’: Analyst says a slowdown could boost these global stocks

Summary : And when that starts to play out, then gold outperforms,” Somasundaram told CNBC’s “Squawk Box Asia” on Thursday. And — given the U.S. dollar and gold’s inverse relationship — Somasundaram said he’s “pretty confident” that gold miners will be “doing okay” looking ahead. His top picks include Australian gold miners Northern Star Resources , Silver Lake Resources and Gold Road Resources . Meanwhile, Will Rhind, CEO of GraniteShares, told CNBC’s ” ETF Edge ” said earlier this month that gold is “well positioned” if interest rates destabilize and there’s some dollar weakness.

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