Investment Q&A

Q: Hi Peter,
Could you please share your opinion on Rio Alto (RIO.TO). It performs much better than the whole gold sector, 52 wk high today again. I consider to buy more shares, and also buy Argonaut Gold (AR.TO). Are these two names good idea to play gold recovery in anticipation of QE3?
Thank you,
Mike

Q: Would you have an opinion about 49 North Resources Inc. FNR is their symbol.

Q: Hi Peter, What are your views on NSU (Nevsun Resources). They seem to be very cash flush and are also paying a dividend. Your comments are greatly appreciated. Thanks

Q: Alamos Gold (AGI)

What are your thoughts on Alamos Gold. It has a good balance sheet and a minimal dividend.

Bruce

Q: you mention having some gold,do feel the same about silver? what is the best way to hold metals?

Q: Hi Peter,

The gold and precious metals stocks appear to be out of favour which has negatively impacted their current market values.

Please suggest the best bargains at this time for gold and precious metals stocks for investors with a mid to long term horizon. Is this a good time to buy and/or accumulate or is a further erosion of values more likely?

Many thanks and best regards,

Roman

Q: My position in gold is split between Gold corp & Centerra Gold ---both have been hit ----I do write some covered calls on gold corp -----but would I have more bang for my buck by buying an etf ----?GLD ? as over the longer haul 12-18 months or more ---Gold should recover ? ---thanks ---Don

Q: Iamgold, please you opinion, thanks

Q: Hi Peter. Keep up the excellent work. I am interested in starting to accumulate a position in gold/silver bullion. I was looking at Central Fund of Canada (CEF.A.TO). As far as I know, it is a closed-end fund which is equally weighted between gold & silver and has typically traded for a 5-10% premium to net asset value. Today, it is available for a 2% discount to net asset value (which I assume is because investor sentiment is just brutal). Do you generally like closed-end bullion funds like this one or would you prefer the open-ended bullion funds like GLD & SLV instead? I must admit the gold bugs have got me worried about the open-ended ones as they question whether you can be certain the etf is really backed by physical bullion. Do you think that is a legitimate concern or something not to worry about?

Thanks
Anthony

Q: What is your opinion of the current market situation. Are companies like Silver Wheaten and Barrick bargains at this point or do you think that they will continue to drop?