Jaime Carrasco Sprott Physical Gold CEF-T BUY Jan 19, 2022

He owns platinum through the BMG ETF, as they have silver, gold, and platinum. Better value is in a silver or gold ETF. So he has a lot of cash in the Sprott physical gold and silver ETFs, and they have more upside than platinum or PALL. For silver, he buys the coin.

Jaime Carrasco

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$22.570

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BUY

An ETF that owns physical gold bullion Everyone else uses GLD, but he uses CEF. He sees gold as the cash component in a portfolio, and not as a speculation. Banks see gold as cash, too. The problem with GLD, will he be able to access it? He doesn't know. You need at least $150,000 to take it, and this figure keeps rising.

COMMENT

Gold? Gold prices have not yet reached their peak. CEF-T is one way to play it, as this ETF holds physical gold. She would prefer holding an actually producer like FNV-T that takes royalties off existing mines.

BUY

His go-to ETF, because it has actual gold, whereas many ETFs carry futures or paper contracts of gold which is counter-party risk. Likes CEF because it holds both silver and gold (he's a gold bug, but likes silver now).

BUY

Every investor should own some gold and silver like 5%, and most own none. This is an easy way to do it. You don't have to own the physical bullion. Disclosure: he works for Sprott.

WEAK BUY

It'll still be okay, but is one-third exposed to silver, the rest gold. Silver is far more sensitive to the cycle. If you want exposure to purely gold, look at PHYS which should do better if there's an inflationary shock.

Unspecified

This is still OK but it is 2/3 gold and 1/3 silver - silver is more industrially sensitive and therefore subject to a downturn in case of a recession. Try PHYS if you want pure gold exposure.

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Jaime Carrasco Sprott Physical Gold CEF-T BUY Jan 19, 2022

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