The Panic-Proof Portfolio (Stockchase Research)Sprott Physical GoldPHYS.TOTOP PICKFeb 11, 2025

Gold is a real asset that has retained its value best since the time of the Romans.  Inflation is increasingly likely to rage again the longer the conflict in the Persian Gulf persists.  A weakening US dollar could accelerate the move.  The recent pullback in bullion prices makes this a good time to re-enter or add to gold holdings.  PHYS holds the largest reserves of physical bullion at 3.4 million oz with a low holding cost (MER of 0.40%).  We recommend setting a stop-loss at $35, looking to achieve $56 -- upside potential over 18%.  Yield 0%

Our PAST TOP PICK with PHYS has triggered its stop at $47.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment gain of 20%.

An abrupt pullback in gold prices, despite geopolitical escalations, allows an opportunity to add to a physical based gold holding.  We continue to recommend a stop at $47, looking to achieve $64 — upside potential of 18%.  Yield 0%

We reiterate PHYS as a TOP PICK.  In a unprecedented move, as PHYS has achieved its target at $56, we also recommend covering half of the original position.  Global geopolitical uncertainty and concerns of US dollar confidence lead us to continue to hold this important defensive position.  We recommend trailing up the stop (from $42) to $47 at this time.  

Continued geopolitical uncertainty and on-going tightness in precious metals markets has us again reiterating PHYS as a TOP PICK.  Global metals analysts believe fundamentals that led to this year's 62% run on price is likely to continue well into 2026.  We continue to recommend a stop at $42, looking to achieve $56 -- upside potential of 18%.  Yield 0%

Our PAST TOP PICK with PHYS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $39) to $42 at this time.  

Our PAST TOP PICK with PHYS has achieved its target at $46.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $35) to $39.  

We again reiterate this trust holding unencumbered gold bullion as a TOP PICK.  Fears of a challenge to US Federal Reserve leadership by the US Administration could cause gold to spike in the weeks ahead -- some analysts project towards $5000.  We recommend trailing up the stop (from $31) to $35, looking to achieve $46 -- upside potential of 18%.  Yield 0%  

As geopolitical uncertainty persists, along with US Administration trade issues, we again reiterate PHYS as a TOP PICK.  This trust holds physical gold bullion that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a gold producer.  We continue to recommend maintaining a stop at $31, looking to achieve $41 -- upside of 17%.  Yield 0%

As markets struggle with US Administration tariffs,  we reiterate PHYS as a TOP PICK.  This trust holds physical gold bullion that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a gold producer.  Given uncertainty in world trade and geopolitics, it is a good holding at the moment.  We recommend trailing the stop up (from $29) to $31, looking to achieve $40 -- upside of 17%.  Yield 0%

As a hedge to market uncertainty, we reiterate this low-MER gold bullion ETF as a TOP PICK.  We continue to recommend a stop at $25, looking to achieve $35 -- upside over 18%.  Yield 0%

Given current global uncertainty following the recent US election and events in Europe, holding gold is a good hedge at the moment.  PHYS holds physical bullion that is unencumbered and fully allocated.  We recommend setting a stop-loss at $25, looking to achieve $34 -- upside potential of 18%.  Yield 0%