Q: What is the definition of redemption of the trust for actual bullion...how much investment would that be?
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Investment Q&A
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- BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
- BMO US High Dividend Covered Call ETF (ZWH)
- Sprott Physical Gold Trust (PHYS)
- BMO Covered Call US Banks ETF (ZWK)
Q: Hi
Thinking of changing the above mentioned for PHYS.CA in my RRSP accounts for some protection in the virus situation and what is going to occur after.
I do not need the dividends.
Comments please
Thank you
Mike
Thinking of changing the above mentioned for PHYS.CA in my RRSP accounts for some protection in the virus situation and what is going to occur after.
I do not need the dividends.
Comments please
Thank you
Mike
Q: as a follow up...my intent is to mimic performance and safety of holding physical gold in my hand...I also expect the canadian dollar to go down therefore can you explain the differences in the choices on phys.u and phys and are all of them convertible to physical gold from shares
thanks
thanks
Q: can i expect same performance with phys as i would be buying physical gold like maple leafs instead.is there any chance not getting money from phys at any doomsday scenario rather than holding the gold in your hand. thanks
Q: Hello,
I’d like your opinion on phys.ca. I’m holding a small amount that I bought at $13 and the price is down a little. Is now a good time to average in or do you think it’s still too early?. What are your thoughts on Projections of $1800 plus per oz? This will still be a relatively small holding in a trading account.
As always thank you for your insight.
Dave
I’d like your opinion on phys.ca. I’m holding a small amount that I bought at $13 and the price is down a little. Is now a good time to average in or do you think it’s still too early?. What are your thoughts on Projections of $1800 plus per oz? This will still be a relatively small holding in a trading account.
As always thank you for your insight.
Dave
- iShares S&P/TSX Global Gold Index ETF (XGD)
- iShares Gold Bullion ETF (CGL.C)
- Sprott Physical Gold Trust (PHYS)
Q: Which one of these companies would you prefer to go along with XGD for some gold exposure? Are there any hidden fees or costs associated with owning these names?What would you consider a reasonable portfolio percentage at this time? Thank you
Cory
Cory
- iShares S&P/TSX Global Gold Index ETF (XGD)
- Global X Active Canadian Dividend ETF (HAL)
- iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
- SPDR Gold Shares ETF (GLD)
- Sprott Physical Gold Trust (PHYS)
Q: what are your favoured Precious metals ETFs and you favoured CDN Dividend ETFs?
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?
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
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
Q: The last question I asked (below) was about a name in CAD.
The answers were about ETFs in USD.
Thank you for providing names in CAD.
Question:
Could you please suggest a Gold bullion ETF in CAD - Not a "paper ETF" but an actual physical like PHYS? Thank you.
Answer:
We would be fine with PHYS here. SGOL is another option, holding physical gold bars in Swiss vaults
The answers were about ETFs in USD.
Thank you for providing names in CAD.
Question:
Could you please suggest a Gold bullion ETF in CAD - Not a "paper ETF" but an actual physical like PHYS? Thank you.
Answer:
We would be fine with PHYS here. SGOL is another option, holding physical gold bars in Swiss vaults
Q: What is the difference between CEF and PHYS? Which is the better one to own in a rising gold market? Thank you.
- Sprott Physical Gold Trust Unit (PHYS)
- Invesco CurrencyShares Swiss Franc Trust (FXF)
- Sprott Physical Gold Trust (PHYS)
Q: Do you have a favorite gold bullion fund or etf that is either long one of the following currencies CDN, CHF, JPN, or the Singapore dollar?