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Compiling comments that experts make about stocks while on public TV.

2017-01-11

Opinion for Detour Gold (DGC-T)

Signal Price Bias Subject Owned
COMMENT $17.690 UNKNOWN CANADIAN & FIXED INCOME Unknown

Gold can be tail risk insurance in a portfolio in the event of financial calamity, currency debasement or rampant inflation. Sometimes an effective way to put on that positioning in the portfolio is through the producers. His view is less constructive on gold as a commodity at the moment. This has a large-scale open pit mine in Northern Ontario, and a long mine life. With the US$ being very strong and the Fed likely increasing interest rates, that would colour his view on holding this name.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council

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