HBP Global Gold Bull+ ETF (HGU.TO) Buy, Sell…

HBP Global Gold Bull+ ETF (HGU.TO)

HBP Global Gold Bull+ ETF (HGU.TO) is covered by Stockchase stock experts. Read their latest opinions, ratings and top picks below.

23.63

+0.57 (2.47%)

as of Jan 17, 2025, 8:59:35 pm Market Open.

28 watching

TRADE

It is not great to hold in the long term and should be considered a trading vehicle, not an investment. You have to manage it on a day-to-day basis. If you have big gains then trim or sell. It is an 'all-in' type of investment.

DON'T BUY

Leveraged play to the gold producers. The gold mining sector has been a frustrating trade. These stocks have been the cheapest in modern history. When is this trade going to work out? When nobody owns it, you know it's underinvested. Uncontrolled inflation is when gold would trade up. This ETF is not good for buy and hold but to trade.

DON'T BUY

A leverage play on gold stocks. You have rebalancing risk which you do not want for gold. The factors that drive price of gold is currency and real interest rates. We are in negative real interest rates. Therefore, the major driving factor is the interest rate more than currency. Gold is starting to respond.

BUY

He is still bullish on gold. Weaker US dollar, negative interest rates and low interest rates are positives for gold. The current volatility is on reflation and the rise of bond yields. Once bond yields rise, home sales drop. You have to buy dips in the sector.

COMMENT

What indicators do you use in tech analysis? It's a beta pro ETF, so it's twice as volatile, not for the faint of heart. Look at the GDX chart to read gold--the GDX is in an uptrend since mid-2018, but has been recently pulling back. The smart money is very short, but Nov-Feb is strong seasonality for gold--so, gold can go one of those two ways. He sees a gold rally that will coincide with a market pullback coming soon. If this current pullback is nasty, HGU will be very volatile. For indicators in his tech analysis, he uses seasonality, smart money positioning, price momentum, relative strength and volume,

COMMENT

A two times leveraged ETF. It has tended to over discount policy easing. It is a highly speculative position.

COMMENT

Whenever you have one of these leveraged ETF’s, you have to remember that these are a short-term trading vehicle. You would never hold one for more than a week. You could be on the right side of the market and still lose your shirt. Leveraged ETF’s have their price reset every day. You have to watch these like a hawk.

COMMENT

This is a leveraged ETF. Every day, the underlying derivative buys high and sells low. It is not ideal for long term holding unless you get a dramatic trend.

DON'T BUY

Global Gold Bull+ ETF. Typically it has a move from the end of December until about this time of year. This peaked earlier this week. There are better opportunities elsewhere.

COMMENT

Natural Gas. They got around co tango problems. Based on natural gas contracts in Canada.

PAST TOP PICK

(Top Pick Oct 29/09, Up 47%) sold, but he is still a huge bull. He only owns the stocks.

DON'T BUY

Global Gold Bull+ ETF. Loves gold but the problem with this one is that you have a double play on the market plus it is extremely heavily weighted to Barrick (ABX-T) and Goldcorp (G-T). He would prefer a single ETF or a basket of seniors.

DON'T BUY

Global Gold Bull + ETF. Prefers to not play the levered ETFs. You don't always get the exposure you think you are going to get. Would prefer the single Gold ETF.

DON'T BUY

Global Gold Bull+ ETF. If you are a momentum trader, this is fine but not an investment. Leveraged. He prefers investing for the long-term.

BUY

He likes to have gold as a hedge against inflation.

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HBP Global Gold Bull+ ETF (HGU.TO) Frequently Asked Questions

What is HBP Global Gold Bull+ ETF stock symbol?

HBP Global Gold Bull+ ETF is a Canadian stock, trading under the symbol HGU.TO (previously HGU-T on Stockchase) on the Toronto Stock Exchange (HGU-CT). It is usually referred to as TSX:HGU or HGU.TO

Is HBP Global Gold Bull+ ETF a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HGU.TO (previously HGU-T on Stockchase) on Stockchase. Read the latest expert commentary for HBP Global Gold Bull+ ETF.

Is HBP Global Gold Bull+ ETF a good investment or a top pick?

HBP Global Gold Bull+ ETF was recommended as a Top Pick by Mike Philbrick on 2023-01-09. Read the latest stock experts ratings for HBP Global Gold Bull+ ETF.

Why is HBP Global Gold Bull+ ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for HBP Global Gold Bull+ ETF.

Is HBP Global Gold Bull+ ETF worth watching?

HBP Global Gold Bull+ ETF is followed by 28 investors on Stockchase and is a trending stock that is worth watching.

What is HBP Global Gold Bull+ ETF stock price?

On 2025-01-17, HBP Global Gold Bull+ ETF (HGU.TO) stock closed at a price of $23.63.

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HBP Global Gold Bull+ ETF (HGU.TO)