Q: The current market turmoil has made me realize that a certain amount of commodities exposure as an "asset class" should help with portfolio diversification and therefore risk/return profile. Is this thinking correct? What options, if any, are available for the average retail investor to get broad commodity exposure w/o a lot of overhead which you would recommend?
Q: This is submitted for the benefit of other members. Reading it and watching what the federal government is doing starting by freezing bank accounts gives me great concern.
Q: What is the difference between these mint receipts and the sprott product? Does one have an advantage over the other? Since I already own PHYS from sprott for gold would it be better for me to own one of mint producrs for silver as better diversification? Finally, what is the difference between MNS and MNS.U?
Q: Yesterday, I asked you for recommendations in the silver space and you suggested two silver miners. Does that mean you don't think something like PSLV is a good investment?
Q: I heard that silver may continue its resurgence in 2021.
What would be your best bet in this space? Stock or ETF.
Could you list two of each?
Thanks
Jeff
Q: I watched a You Tube clip where a guest stated that SLV, SIL and PSLV were having difficulty obtaining physical silver. Can that be verified?
I would also like to know how much physical silver PSLV holds. Is that information available to the investing public?
My question is not really about PSLV, but a gold equivalent for PSLV i.e. a physical delivery gold trust/ETF.
Are there any in Canada and US which you could recommend?
Q: If I purchased any of these, are they subject to capital gains tax? If I wanted to redeem the physical silver in exchange for the shares, what would the charges be over the spot price? Does the share price follow the spot price dollar for dollar? Wouldn't mind having answers for any questions I haven't thought of.
Q: My question is related to the storage quantity of gold and silver at Sprott. As I buy and sell PHYS and PSLV on the TSX I assume I am selling to OR buying from another trader in the market. Where does Sprott obtain the funds to add to its holdings or are the physical holdings constant after funds from the IPO were invested in the metals? Am I trading around those initial physical holdings?
If I don’t hold the physical metal like having a gold wafer in a safe deposit box, do I really own it?
Q: Hi Group Ronald asked a question on Physical gold bullion within the question was a statement that paper gold and silver will become worthless? you appeared to agree with this . Did I read that correctly should we only hold gold bullion to be 100% safe please explain I own the following AEM, FNV, MAG,GDXJ, GDX, WDO, EQX, SIL, USA please advise to hold or sell /convert to gold bullion/physical gold only Thanks
Q: I read this is an article from Matterhorn Asset Management:
"Your best friend and protector in this ignominious company of bubble assets and falling currencies are precious metals in the form of physical gold and silver.
But please ignore PAPER gold and silver (including ETFs) which one day will be worthless."
I hold both both of these funds in approximately equal percentages. Should holding my precious metals via Sprott alleviate any concerns I should have about the investment becoming "worthless"?
Q: Can you explain in simple English what Sprott has done in pursuing this "at-the-market" program with these firms [Cantor Fitzgerald & Co. ("CF&Co"), Virtu Americas LLC ("Virtu" and together with CF&Co, the "U.S. Agents"?
Is it something which I, as a holder of these Sprott shares, should consider selling my positions and moving to other precious metals funds or to miners?
Q: Hello Peter,
Based on your last reply, i agree day to day movements is not something to worry about; however, i am noticing Novo Resources and Karora Resources are showing either lower stock movements or trending lower whereas the sector is surging.. is there any news? Also, can you recommend a good silver ETF; I was thinking of SLVP OR SIL. Please advise. Thanks