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Avino Silver & Gold Mines Ltd. (ASM)
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Wheaton Precious Metals Corp. (WPM)
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Torex Gold Resources Inc. (TXG)
Q: Would you please provide your top four precious metal investments in relatively safe jurisdictions? I already hold PAAS, AEM, FNV and a small amount of bullion. I would like to diversify a little more in this sector.
Would you recommend waiting for a dip in price?
With appreciation,
Ed
Would you recommend waiting for a dip in price?
With appreciation,
Ed
5i Research Answer:
We see the massive positive momentum in the sector as a good sign, and would be OK buying. The sector might be vulnerable in a complete reversal of US government policies but we doubt that happens. Global investors are in an 'avoid the US' mood and there could be long term repercussions here that would help gold. In addition to the stocks in the question, which we like, we would suggest: WPM, AGI, ASM, MAG, TXG