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What Is Gold Really Worth?

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“What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As ‘bandwagon’ investors join any party, they create their own truth – for a while.” — Warren Buffett (2011 annual letter to shareholders) Image: Gold prices have surged since 2020, and they recently hit an all-time high. Image Source: TradingView By Brian Nelson, CFA Stocks have quite a few variables that can affect their intrinsic value estimate, but what about gold’s intrinsic value? Does gold even have value? And if so, how … Read more

Dividend Increases/Decreases for the Week January 21

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Below we provide a list of firms that raised their dividends during the week ending January 21. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Alerus Financial Corporation (ALRS): now $0.16 per share quarterly dividend, was $0.15. Alliant Energy (LNT): now $0.4275 per share quarterly dividend, was $0.4025. Amerant Bancorp (AMTB): now $0.09 per share dividend, was $0.06. Banner (BANR): now $0.44 per share quarterly dividend, was $0.41. Cashmere Valley Bank (CSHX): now $0.85 per share semi-annual dividend, was $0.80. Consolidated Edison (ED): now $0.79 per share quarterly dividend, was $0.78. … Read more