
TSE:XGD
(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.
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.
(A Top Pick Feb 26/16. Up 16.3%.) It has been a good year for gold. It’s sold off a lot in the past 4-5 months, but still a really good thing to have in your portfolio. You should use this judiciously, 3%-5% of your portfolio.