Q: Two-part question. I currently hold SIS in a cash account; still up about 16%. Given current market conditions, I am considering selling SIS and buying gold. If this were your portfolio, would you make this move? And, if yes, what is your favourite gold-related stock today?
5i Research Answer:
Our decision would also be based on other factors, such as 1) Is there any gold exposure in our portfolio now? 2) Do we require income? 3) What is our timeframe?
We think SIS is quite a decent company, with long term potential. If no gold is owned, we would be OK switching it for AEM, FNV and WPM, in that order of preference.