Q: I still own some gold certificate issued by BNS. Would you suggest redemption and put proceed in some physical gold trust or similar, if so, which one. Thanks as always. Fooklin
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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: Hello, in the company profile of PHY and CEF, it says that their Industry Classifications - Sector is Financial Services. I was a bit surprised to see that. Could you explain why these ETFs are classified under Financial Services rather than Basic Materials? Thanks, Gervais
Q: my question is what is the difference between cef and phys if any and which is a better hold
- Franco-Nevada Corporation (FNV)
- Wheaton Precious Metals Corp. (WPM)
- Agnico Eagle Mines Limited (AEM)
- iShares S&P/TSX Global Gold Index ETF (XGD)
- Sprott Physical Gold Trust Unit (PHYS)
Q: Hi,
Seems to be talk about gold hitting 1900.00 - do you think it is talk, or has possible legs? If it has legs what's the best instrument to invest in? ETF's or stock picking? Either way, would your preference be in US dollars or Canadian? I am wondering if gold does soar, whether or not it will help to drive the value of the US dollar down. So lots of questions - deduct points as you see fit & as always, thanks for your thoughts and suggestions!
Dawn
Seems to be talk about gold hitting 1900.00 - do you think it is talk, or has possible legs? If it has legs what's the best instrument to invest in? ETF's or stock picking? Either way, would your preference be in US dollars or Canadian? I am wondering if gold does soar, whether or not it will help to drive the value of the US dollar down. So lots of questions - deduct points as you see fit & as always, thanks for your thoughts and suggestions!
Dawn
- SPDR Gold Shares ETF (GLD)
- Royal Canadian Mint - Canadian Gold Reserves Exchange-Traded Receipts (MNT)
- Sprott Physical Gold Trust Unit (PHYS)
Q: I’m looking for exposure to gold bullion and am considering GLD (SPDR has .40% mer), PHYS (Sprott), IAU (ishares gold trust has .25% mer) or MNT.CA. Which one do you prefer and why, (I’ve read stricter auditing for PHYS)? Also should I be buying in USD or CAD? Looking for protection against money printing and a general hedge or if USD losses it’s position as world reserve currency.
- iShares S&P/TSX Global Gold Index ETF (XGD)
- Sprott Physical Gold Trust Unit (PHYS)
- GoldMining Inc. (GOLD)
Q: i have never invested in gold in any form. i know gold relate investments have been doing very well.
Question is this likely to continue for say over next year or more and if yes please recommend anETF
Question is this likely to continue for say over next year or more and if yes please recommend anETF
Q: Are these ok or would you get gold and silver exposure another way? Royal Bank of Canada Gold 9001,Royal Bank of Canada Silver 9000
- Franco-Nevada Corporation (FNV)
- Agnico Eagle Mines Limited (AEM)
- Kirkland Lake Gold Ltd. (KL)
- Sprott Physical Gold Trust Unit (PHYS)
Q: Hi Group questions on gold - I have 4 gold stocks with the following returns YTD
- GLD = 5.19%
- GDXJ = 13.36%
- AEM = 23.29%
- FNV = 10.82%
Why is GLD lagging should I sell in and reinvest AEM or GDXJ ? or do you have a favorite?
Also what % of my $850,000 portfolio should I have in Gold in the present uncertain economy presently these stocks represent 8% can I go to 10% or 15 % considering the present problems in the world - I am a moderate risk investor thanks for your guidance on this + Deduct credits as you see fit
- GLD = 5.19%
- GDXJ = 13.36%
- AEM = 23.29%
- FNV = 10.82%
Why is GLD lagging should I sell in and reinvest AEM or GDXJ ? or do you have a favorite?
Also what % of my $850,000 portfolio should I have in Gold in the present uncertain economy presently these stocks represent 8% can I go to 10% or 15 % considering the present problems in the world - I am a moderate risk investor thanks for your guidance on this + Deduct credits as you see fit
Q: I'm looking at buying gold bullion etf and try to decide between CGL.C and PHYS which has a slightly lower expense ratio. What's the plus and minus for each of these ETFs and what will be your preference and why? Thanks for sharing your insight.
Q: If buying gold would you buy a stock or an ETF
Q: Hello,
I have held some shares of SGOL for awhile as my gold bulion holding. I noticed that there are no questions ever asked about SGOL and usually you recommend PHYS for bullion exposure. Can you comment on SGOL and compare to PHYS? Looks like SGOL has the lowest management fees of the bullion etf's. Is there any great reason to switch to PHYS or consider it for future purchases?
Thanks
I have held some shares of SGOL for awhile as my gold bulion holding. I noticed that there are no questions ever asked about SGOL and usually you recommend PHYS for bullion exposure. Can you comment on SGOL and compare to PHYS? Looks like SGOL has the lowest management fees of the bullion etf's. Is there any great reason to switch to PHYS or consider it for future purchases?
Thanks
Q: Hello, on several occasions you have suggested PHYS as a tool to invest in gold bullion. I see that there are two versions of PHYS, one is CA and the other is US. Which one would you recommend in a non registered account? Thanks, Gervais
Q: Hello Team
I am hearing different comments, and one from David Rosenberg in particular, suggesting it is quite possible to see a 60cent dollar in the not too distant future and I would appreciate your thoughts. Further to this personally I feel that the markets seem to be going through a period of "irrational exuberance" and personally I feel we are only at the beginning of what is to come in terms of a downturn in the Canadian economy. With this in mind, what would your thought be of changing some Canadian dollars in my accounts to US dollars for investment purposes. I would also consider using a US ETF such as GLD to play the rising gold stocks. Appreciate your thoughts
I am hearing different comments, and one from David Rosenberg in particular, suggesting it is quite possible to see a 60cent dollar in the not too distant future and I would appreciate your thoughts. Further to this personally I feel that the markets seem to be going through a period of "irrational exuberance" and personally I feel we are only at the beginning of what is to come in terms of a downturn in the Canadian economy. With this in mind, what would your thought be of changing some Canadian dollars in my accounts to US dollars for investment purposes. I would also consider using a US ETF such as GLD to play the rising gold stocks. Appreciate your thoughts
Q: If a person is concerned about the bank of Canada printing so much money , that it starts to lose its value and the money I have saved up in cash starts to lose its value as well , what can a person do to protect the value of the money you have . And how would a person go about doing this? thanks , especially during this crazy economy.
Q: I have no gold in my Tfsa and am looking to add a small position. Would this be advisable and if so can you recommend the best Canadian etf and give insight for the choice? Thank you.
Q: What are fees for these?
Thanks,
Milan
Thanks,
Milan
Q: With the huge amounts of dollars being infused into the economic system by governments around the world are we going to be seeing the reduction of the value of currencies around the globe? Does it make sense at this time to invest in other asset classes such as gold, silver or anything else you can suggest.
And if diversifying into another asset class makes sense, how would one go about buying gold or silver or any other asset class you can suggest.
thanks, Jean
And if diversifying into another asset class makes sense, how would one go about buying gold or silver or any other asset class you can suggest.
thanks, Jean
Q: I managed to miss the recent recovery as I was expecting the market to go lower. I'm now considering gold given the high amounts of government spending and possible inflationary pressures. May I have your thoughts on gold as an investment right now? In particular, the GLD etf? Thanks,
Jason
Jason
Q: While reviewing my exposure to gold, I was interested in knowing whether you would recommend holding one of the above or a combination?
Q: Other than CEF holding silver and gold bullion what differences are there between it and PHYS. Ownership of physical bullion, redemption of units for bullion etc.
Thanks Kenn
Thanks Kenn