
Franco-Nevada: A Royalty Play for Crisis-Resistant Gold Exposure
💰 Franco-Nevada operates as a royalty company, providing exposure to gold without the direct operational risks of mining.
📈 Historically, gold and related royalty companies have performed well during periods of inflation and financial uncertainty.
✅ Ray Dalio recommends allocating 10-15% of a portfolio to gold as a hedge against macroeconomic risks.

Franco-Nevada Joins Gold Royalty Holdings for Diversification
💰 Franco-Nevada is added to the fund's gold royalty holdings, complementing existing positions.
⛏️ The company is considered more mature, with half its assets not yet in production.
⏳ Franco-Nevada has approximately 30 years of cash flow from its current portfolio, even without reinvestment.