The Panic-Proof Portfolio (Stockchase Research)
Sprott Physical Silver Trust CAD
PSLV-T
TOP PICK
Feb 11, 2025
Stockchase Research Editor: Michael O'Reilly
We reiterate PSLV as a TOP PICK. This trust holds physical silver that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a metals producer. Given uncertainty in world trade and geopolitics, it is a good holding at the moment. We recommend trailing the stop up (from $11.50) to $13.00, looking to achieve $18.50 -- upside of 18%. Yield 0%
Given current global uncertainty following the recent US election and events in Europe, holding commodities are a good hedge at the moment. PSLV holds physical silver bullion that is unencumbered and fully allocated. We recommend setting a stop-loss at $11.50, looking to achieve $18.00 -- upside potential of 18%. Yield 0%
No, but why own silver bars? Those bars are useful if there's an end of the world scenario, which is unlikely. He likes silver and sees upside as silver catches up to gold. We need silver in the electrification of the world--lots of demand.
We reiterate PSLV as a TOP PICK. This trust holds physical silver that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a metals producer. Given uncertainty in world trade and geopolitics, it is a good holding at the moment. We recommend trailing the stop up (from $11.50) to $13.00, looking to achieve $18.50 -- upside of 18%. Yield 0%