Opinions
Larry Berman CFA, CMT, CTA
Royal Canadian Mint
MNT-T
BUY
Jun 15, 2015
$15.640
Stock price when the opinion was issued
INDUSTRIAL PRODUCTS
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Canadian dollar play so no currency risk. Gold is held at the mint. It is hard for smaller investors to buy bullion. This is like buying it. For people who want to participate in the gold market and not the production companies. If price of gold goes down, then this one goes down. It trades at a very small premium from the issue price.
INDUSTRIAL PRODUCTS
COMMENT
Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.
INDUSTRIAL PRODUCTS
Advertising
Stock vs. Stock. MNT-T vs. GLD-N. He is not sure if MNT is hedged in Canadian dollars. Either one is fine. MNT run by the Royal Canadian mint and GLD is backed by real gold.