Stock price when the opinion was issued
A gold and silver bullion fund located in Canada. The gold and silver is in the vault. There is no hedging or paper sold against it, so you don’t have the risk. One of the potential benefits to the gold price is the short squeeze in bullion. On top of that you have the producers having great discipline because of what they went through during the gold price collapse. You have Central Bank buying and people who want to preserve wealth management. There is a forthcoming supply/demand imbalance coming because of the declining supply from mines. Dividend yield of 0.07%.
He likes gold, and this is a very easy way to play bullion, both silver and gold. Unlike some of the US ETF’s, where there was a question mark about security of delivery, this company’s funds are stored at King and Bay, and is not lent out. A very conservative way to play bullion.