This Gold Stock Is Winning on the Back of a So-Called ‘Sell America’ Trade

Company Overview - Alamos Gold (AGI) is a Canadian gold company valued at $17.6 billion, operating three mines, two in Canada and one in Mexico [1] Market Reaction - Following the news of Federal Reserve Chair Jerome Powell being under criminal investigation related to a $2.5 billion renovation, the U.S. Dollar Index fell nearly 0.3%, leading to a surge in safe-haven investments like gold, which reached new record highs [2] - Alamos Gold and other gold miners are expected to benefit from the rising gold prices, which are influenced by central bank demand and geopolitical turmoil [3] Stock Performance - Alamos Gold's stock has gained over 118% in the past 52 weeks and is currently trading at an all-time high [6] - The stock has experienced a 23.21% increase since a new "Buy" signal was issued on November 25, indicating strong technical momentum [4][6] - Barchart maintains a 100% "Buy" opinion on Alamos Gold, reflecting positive technical indicators [6]