iShares S&P/TSX Global Gold Index ETF (XGD.TO)

Tax loss selling may not be as strong as in other years. Gold is bottoming right now. He thinks gold will do well for the next year. He would pick away at gold stocks and this ETF is a good way to own them.

(A top pick Aug 5/16. Down 24.43%.) He had told people at the end of September that you no longer want to be in these securities any longer.

If the Fed hikes rates, this would damage the allure of this ETF. This is a great holding.

Gold equities is the key. The price of gold has just gone to a 4 year high, and the equities have gone into a 3 year high. There is a good seasonality for gold equities from right now through until the middle of October.

Gold has had a big countertrend rally this year and has done really well. However, he doesn’t see a new gold mania beginning anytime soon. He is sort of neutral.

There has been an 8% drop in the gold/silver index. Seasonality for gold is supposed to be relatively good. Depending on what happens in the US elections, you might get one of those BREXIT reactions. She would be buying into the weakness, and at least holding it through the elections.

From an earnings basis, the numbers look really good. Q1 could look very good for a lot of companies for a comparable. Whenever you have a strong start from a fundamental basis, you can have a very strong rest of the year.

(A Top Pick Feb 2/16. Up 34.39%.) Gold had been in a bear market since 2011 and consolidated early this year, followed by a breakout. He likes gold quite a bit in general. Gold is starting to vacillate lately, and there will probably be a really good entry point for it soon. It’s a good place to be, whether you buy the stocks or the bullion.

Gold has been fluctuating, but he would have suggested it 3 months ago. If there is a choppy market going forward, then gold is a safe harbour. Gold improves risk adjusted returns at a 3% holding.

(A Top Pick Feb 23/15. Up 1.22%.) If you own golds, hold them. A pullback at this time would not surprise him, but it seems to be wanting to hold at around $1200. This is a leveraged way to play gold. Predicts gold will get back to the normal range of $1240 and $1400.

Global gold miners. Has been anti-gold for years, and is buying this just as a trade. Has been watching it for a while and it seems to have bottomed. This is about 1.5% of his portfolio and that’s it. Don’t chase it. Buy it in the low $10’s.

Tracks gold stocks on the TSX. The chart shows a little bit of a base that seems to be happening. He is looking for a possible break out. Producers have been lagging the actual commodity, and he is wondering if there might be some catch up. Doesn’t own this yet but is showing what he is interested in buying and will possibly buy in the next week or so.

It is not identical to gold. Generally the trend has been bearish. You don’t want to fight a downtrend. There is at least some temporary support at $7.50. It has bounced off $9 a couple of times. If it bounces off the $7.50 level it might be a good trade.

(A Top Pick Aug 24/14. Down 28.53%.) Sold a bunch of this last August, but still likes it quite a bit. It might be capped right now because it has moved so much off its base. On its next pullback, he would like to add a little to the tiny bit that he still owns.

(Past Top Pick, July 15 2014, down 34.39%) Was a seasonal trade, took a huge chunk off in August but still owns some. Feels like it is undervalued. May add to it, but watching and waiting to see where it closes on Friday. Before adding, he would like to see the flushing out, big volume, the capitulation, the hammer forming where it really washes out and where it closes back up. This will help evaluate the risk.