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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What is your preferred ETF for junior gold stocks? Why?
Read Answer Asked by George on December 10, 2019
Q: Good Morning,
Any update on Wallbridge ( Wm)? They have had more good drill results recently and this morning announced that KL bought 9.9% of the recent private placement in addition to the Quebec pension plan. Also the CEO of Kirkland has been appointed to the Board. The stock has been acting fantastic and Eric Sprott is certainly excited about recent results. Is this perhaps becoming another KL?
thanks
Read Answer Asked by Chris on December 10, 2019
Q: I am agnostic to the gold metal and gold miners. My question is in two folds.

What would you propose to compensate my Basic Materials exposure. I have none and the Portfolio Analysis propose having some exposure. I am invested for the long term. IShares propose XMA under performing the general markets for 3-5 and 10 years return. This year is a boon for long time holders.
Second question:
What is the rational for holding an asset with historical little return? Mr. Buffet is also agnostic to gold with proven record.
Deduct credits as deemed appropriate.
Thank you for your explanations easy to learn from .
Read Answer Asked by Yves on December 10, 2019
Q: I would like more details on PHYS that was discussed briefly today. Apparently there is no dividend, EPS is $220, and Book value is $10.95. Since there is no dividend, is the EPS used to purchase more gold? Are there any MER or storage fees? How does it differ from PHYS.U (Sprott PHysical Gold Trust transferable redeemable units? Where can I find more details on those shares?
Read Answer Asked by George on December 10, 2019
Q: A bit of info re: Alex's question about selling Canadian gold coins. Current 1 oz coins are .9999 percent gold and the banks will buy them. The coin will marked with its purity. Older coins were minted to only .999 percent purity and some banks (at least TD) will not accept them. Those need to be sold at a "cash for gold" place, in which case, definitely shop around for pricing.
Read Answer Asked by David on December 09, 2019
Q: Good Afternoon,
Any thoughts on the pros and cons of owning a physical Gold Trust (PHYS) to hold in your brokerage account or actual gold bars stored in a secure vault somewhere? I suppose the obvious would be you can easily see and track the PHYS daily in your account and provide instant liquidity if one chooses to sell. I know you have to be careful with some Gold ETf's and products out there that don't really have the gold to back the paper but that is not the case for PHYS. Do you see any benefit in purchasing actual gold bars? Insurance & storage costs, illiquid and not easy access would be strikes against holding the physical metal.
Any thoughts on this?
Thank-you
Read Answer Asked by Chris on December 09, 2019
Q: Parabolic increase in valuation last week on above average volume. You stated in the past you prefer buying at all time highs. I have been burned in the past purchasing stocks at 52 week highs only to suffer immediate pullbacks. Is this a good opportunity for some short term capital appreciation at Friday's closing price of $6.17? Thank you
Read Answer Asked by Richard on December 09, 2019
Q: For a 2-5 years holding period, which of these Royalty companies has the best growth profile? Are the risks in the two smaller companies significantly higher? My understanding is that Royalty companies are "safer" than exploration and mining companies. Thanks
Read Answer Asked by Jean-Bernard on December 06, 2019
Q: I bought a bond from S in 2015 that originally was to mature in 2018, but unfortunately was extended to 2021. In the meantime I have a 56% paper loss. I saw today that S stock price is at $0.18(!). Is there a more than likely chance that Sherritt will go under and if so, is there a way to estimate how much of my principal I can get back? Should I just sell this bond even if it’s in my RRSP? Thanks, Martin
Read Answer Asked by Martin on December 05, 2019