Opinions Stan Wong
Harvest Global Gold Giants ETFHGGG.TODON'T BUYJul 09, 2020
N/A
Stock price when the opinion was issued
$83.33
As of Jun 23, 2026. Market Open.
0
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Long term, you have to be very bullish given what's happening with government debt all over the world. If governments keeps spending, then (in theory) gold should keep going up.
That said, you get these massive runups and then you get consolidations. Current consolidation in gold mining stocks has more to run. Somewhere in the $70-75 range he'd be very interested. Thinks gold will pull back to $4000 before we see $6000 and beyond.
Buy dips, but you don't want to buy it now.
HGGG vs. IAU Prefers to hold bullion rather than the miners. This ETF has the larger names. Instead he likes IAU from iShares, which holds the bullion, a good hedge against the US dollar bumping around.