Investment Q&A

Q: Market price and NAV seem to have only vague relation to the spot price for copper. Does this have something to do with the fact it is a closed end trust?
Are there any other ETFs that track the spot price of the metal closer?

Q: I’m 75. My precious metals position is 20%. I have own SWM for many years ( cost is about 9.00. I have about 10 % fixed income. I am comfortable holding but at my age maybe trim? What would be a limit for the metals. It seems, it is still under owned. Maybe. I don’t hear or see it.

Q: Hi 5i,

My portfolio currently has a full position in XGD which has been brilliant. Looking forward, how do you view opportunities in base metals/copper and uranium versus gold?

As the commodity rally broadens I want to expand my positions beyond gold and am looking for ETF exposure. I see ZMT and XBM for Canadian listed base metals, and HURA for uranium. Are there any other ETFs that you focus on?

Thanks in advance and please remove credits as needed.

Q: Hi 5i,
Thanks for the great work. I'm a long-time FNV shareholder and WPM is continuing to outperform. How do you view the two companies today? Would you follow momentum and switch from FNV into WPM?

Thank you!

Q: A portion of my portfolio is invested in gold, and I have enjoyed the ride that more than tripled the price of gold since February 2024, when the European Commission officially approved regulations allowing the use of proceeds from frozen Russian assets to arm Ukraine and stated that these assets would remain frozen until Russia repays damages to Ukraine after the war.

Even though I am pessimistic that Trump’s efforts will bring an end to this war - there is too much financial interest in the U.S. and Europe to continue it for as long as possible - there is still a chance he will succeed, and I expect that the price of gold may come down significantly following peace.

As PHYS doesn’t have options, is buying GLD puts the best way to hedge gold prices? Any other suggestions?

Q: With precious metal prices at all time highs. Is now the time to look beyond the mining operations and to companies that support them. Was thinking about NOA and MATR.
What’s your thoughts about the two names or any suggestions you like in the sector.
Thank you.

Q: Hi 5i team
HSLV, a silver miner is up almost 600% in the past year. What is your take.
GUY

Q: May I have your two top picks for silver producers, small caps, mid caps and seniors?
With appreciation,
Ed

Q: Good morning,

So with the new Fed Chair nominee being announced today, I am surprised that gold is moving lower. For him to have been nominated, you know he is going to push for lower rates. But historically he has been known as an inflation hawk, thereby preferring higher rates to ward off inflation. There is the question of what this now means for Fed independence, which in turn could result in further volatility in the rates markets. All of this points to the ongoing theme of USD weakness amid a flight of capital away from the US.

In my small brain this points to higher gold prices, not lower gold prices - lower rates; lower USD; higher volatility; less Fed independence. But gold is moving sharply lower. What am I missing?

Thanks as always.

Q: My news feed just had an Australian article about gold/silver going down significantly overnight. I was thinking yesterday I might sell some or all of my CGC.VN stock as it hasn't done anything for a bit only to realize it was bought out by MUX yesterday. Please tell me about that (I seem to have made 33% on that deal?) and MUX's prospects so that I can determine whether to go through with selling it all or whether I should keep half. I feel like it's just going to start sinking as soon as the TSX opens this morning. I have AEM & LUN as well--how bad is this correction going to be this morning and will LUN be safer because it has nickel and copper mines as well?

Q: Hi 5i,

With the recent big run up and huge embedded gains in gold/silver does it make sense to even consider investing in these precious metals at this time?

Q: Hi 5i, Can I have your opinion on "Scandium Canada Ltd" , is this true: Scandium is now officially a Critical Mineral in Canada Government-backed equity-like royalty.
https://money.tmx.com/en/quote/SCD.

Thanks

Q: Dear Peter et al:

I am not sure if you had a chance to look at the article in this morning's Globe and Mail on top 10 Canadian Gold stocks at reasonable valuation. (Wednesday Jan 28th).
I was surprised to see your favorites like ARIS missing. Also no WDO.
What is your take on this list.
(I am happy customer/owner of ARIS:))
Should I add BTO and TXG for a good measure?

Q: Interesting to hear about AMRQ. Apparently they now own the Black Angel mine which I last heard of some time in the 1970’s. I had asked my father about it then and it’s 7% divided. He replied the mine must be struggling and the high dividend was being used to keep investors interested. Shortly thereafter the mine closed down. I also recall the mine used gondolas to transport the ore from the mine site to the dock. Sounds expensive! AMRQ has been publicly listed since January 20, 2026, not quite a week and already has a 1B capitalization. Is Mr. Sprott a shareholder? Mining procedures can change in 50 years and possibly the costs to extract the ore can lessen and the mine be made profitable. Modern survey methods may also have discovered new metal targets. Any thoughts you have would be appreciated. I think the Black Angel ore body is just one aspect of the company’s targets.

Q: Solaris has been doing quite well recently.Any news to account for this positive activity?Thanks.

Q: Hi.
Could I get some general thoughts on the lithium sector?
Thanks

Q: Read in the Economist that the Trump administration bought into the above companies.
None are making any money at this point. Realizing it is a speculative play, would you recommend investing in any of these ?

Q: on jan 12 i asked a question for two small cap gold companies for growth,you gave me aauc and aris, i bought them both, i still own aris ,aauc was bought out. my question is what can i replace aauc with-small cap gold company for growth
dave

Q: Hi there team,

I'd like your thoughts on this company and the space in general. I've taken a flier recently and wondering if it is an area (graphene manufacturing) I could add to over time? Thanks!

Q: Looking to invest in gold ETFS which ones would you recommend .