Q: Merry Christmas! I wish you all the best and a very prosperous year ahead.
With the latest canadian data and of course added political turmoil here. And rates abroad and our neighbors.
It would appear gold will have room to run still. If you do agree I'd like to know.
I'm looking at adding that exposure as I have none with the recent pull back.
My favorite candidates are AEM, WPM.
Would you please provide a reasonable buy range and if anyone is ranked above them in your mind, please mention.
Thank you very much.
With the latest canadian data and of course added political turmoil here. And rates abroad and our neighbors.
It would appear gold will have room to run still. If you do agree I'd like to know.
I'm looking at adding that exposure as I have none with the recent pull back.
My favorite candidates are AEM, WPM.
Would you please provide a reasonable buy range and if anyone is ranked above them in your mind, please mention.
Thank you very much.
5i Research Answer:
We agree that gold continues to look good. We have AEM and WPM in our model portfolios and would consider them the best of the large-cap bunch. Buying range: AEM $105 TO $110; WPM $76 TO $79