Stock price when the opinion was issued
Adding equities to your gold holdings adds in equity beta, so this can add leverage to the gold price both upward and downward. MER is 6 bps. Gold is a historical hedge during periods of heightened geopolitical risk. Central banks remain buyers of gold. Thinks gold price goes higher.
Wants equal weight, as large caps tend to have less leverage to the price of gold than either small caps or the juicy mid caps. Good, diversified way to start entering the sector.
5-10k shares per day volume. He went in last November and bought a million shares. The market maker created the units, so the value traded does not matter. The individual investor needs to trade at least 50k shares to have the market maker create units and you have to call the market maker.