John DeGoey BMO S&P/TSX Eq.Wt. Global Gold ZGD-T COMMENT Jul 04, 2016

Seasonal play? He wouldn’t say this is a seasonal play. One of the reasons people likes gold is that it is often negatively correlated to other asset classes, and does particularly well at a time of real and perceived insurrection.

John DeGoey

Unknown

Unlock Rating

$13.490

Stock price when the opinion was issued

E.T.F.'s

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

WATCH

Equally weighted gold in the world. A great way to play the sector. Thinks we will get a double bottom in gold at $1175.00. If we break that then you get a sell signal. It may go 10% lower.

COMMENT

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.

SELL

When gold was testing $1050 he would say yes, but we have had the strongest rally in gold in several years. He thinks we will peak out at $1300 this cycle.

STRONG BUY

A month ago it was his favourite sector. Gold plays had 40-50% upside but we have come off the lows. He now sees nothing with potential of 20-40% upside other than gold.

BUY

KL-T He loves gold as an asset class, and he expects a 20% swing upward in 6-12 months. KL has performed well, but he prefers diversification instead of a specific gold stock, like the ZGD-T ETF.

BUY

Depending on the vectors you want exposure to, these are his favourite ways to play the gold sector. He believes the world will be in a low interest rate environment for years to come. Gold will outperform.

BUY

ETF for gold producers.

XGD and ZGD are the Canadian go-to names. ZGD is equal weight, so the big caps don't run the show.

In the US, he likes GDX or GDXJ (for the juniors).

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

John DeGoey BMO S&P/TSX Eq.Wt. Global Gold ZGD-T COMMENT Jul 04, 2016

You might be interested:

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

BMO S&P/TSX Eq.Wt. Global Gold(ZGD-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights