Opinions Mike Philbrick
Sprott Physical GoldCEF.TOWEAK BUYJun 27, 2022
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.
Mike PhilbrickUnknown
$22.29
Stock price when the opinion was issued
$65.86
As of May 29, 2026. Market Open.
Golds
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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 CarrascoOwned
Golds
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).
Jaime CarrascoOwned
Golds
COMMENT
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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.
Jaime CarrascoOwned
Golds
