iShares Gold Bullion ETF (CGL.TO)

He thinks gold and silver are not in a friendly economic space right now, with good economic growth and no fear of rapid inflation. He would still consider this a holding to keep as a diversifying tool in your portfolio, because we do not know the future.

A hedged way to play the gold market. He has about a third of a position. Gold equity holdings are much more volatile than gold itself. If you believe gold is going up then you make more money on the equity side. We are in the mid-to-upper end of the range of the trading of this ETF. This is a no growth story.

XGD-T vs. CGL-T. CGL-T just holds gold bullion. There is a currency hedge on it. Gold mining companies tend to be pretty correlated over the long term. CGL-T is a more pure exposure and bypasses the gold companies. XGD-T is really just the companies. If you think they have opportunities then this is your vehicle of choice. CGL.C-T is not hedged. XGD-T is an equity investment, CGL-T is a commodity investment.

Canadian dollars, gold Bullion. It just broke to a new high, outperforming the market, and momentum indicator are positive.

iShares Gold Bullion (CGL-T) or iShares Comex Gold (IGT-T)? This one probably meets your needs, however thinks it is too early for gold. Gold had quite a little rally. If the Fed raises rates and the US$ strengthens, which it will, gold will take a hit. Gold has really worked in the past because of inflation, and we really don’t have that yet. Central banks globally are working on getting inflation going, and it is probably going to start in the US first. Before then, it is pure speculation.

Gold. CGL-T is a way to hold gold bullion, but hedge the Canadian dollar. The mining sector is dirt cheap. Below $1175 be wants to own it and will sell by $1225. If inflation starts to kick in, then gold will shine again but you don’t play for that today.

(Top Pick Nov 05/13, Down 26.64%) It did not work out well. Had a high dividend. A few months ago he met with management and was discouraged by a few things. He exited a few months ago.

If you are investing in gold because you think the world will blow up and you will want the physical bar, then go out and buy the bars now. CGL had a double bottom, but he thinks there is one more dip that goes lower and maybe then that is it.

(Top Pick Feb 28/13, Down 15.54%) He felt there was support, but when it broke he got out.

(A Top Pick Feb 28/13. Down 20.09%.) This fell through support at $13.30, so he sold. This was simply a technical trade.

Technical trade here. Thinks it would be a short term trade – 6 months.

Not problem holding this for long periods of time. Only 10-15% of the ETF is held in paper form. The rest is gold. He is not worried about it.

(Top Pick Jun 29/12, Up 1.19%) Seasonally a good time of the year. Gold has a little bit of support around $1360 and break out at $1420. He would look to get out sometime in September.

Very good product. From time to time you hear stories on the street about mass Short positions on some of the bullion ETF's and the providers won't be able to come up with the gold that is necessary. He doesn't think this is something you need to worry about. Bullion has gone down because gold has gone down.