Stock price when the opinion was issued
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.
With continued geopolitical uncertainty, along with US Administration trade issues, we reiterate MNT as a TOP PICK. This trust holds unencumbered physical gold bullion at the Royal Canadian Mint and trades in Canadian dollars, while avoiding operational risk associated to owning a gold producer. We recommend trailing up the stop (from $42) to $48, looking to achieve $60 -- upside potential over 17%. Yield 0%