TSE:XGD
16.62
0.79
(4.99%)
Analysis and Opinions about XGD-T
Signal
Opinion
Expert
COMMENT
COMMENT
March 27, 2020
He does not like this ETF. He would prefer to own the shares, not just holding derivatives. This can cause discounts to NAV at times. He would prefer to hold solid producers like FNV or ABX. If you want an ETF, he would pick HGGG.
WEAK BUY
WEAK BUY
March 16, 2020
He doesn't know if gold has bottomed, but the underlying fundamentals are superb. He would tiptoe into this space in the coming months.
Show full opinionHide full opinionHe doesn't know if gold has bottomed, but the underlying fundamentals are superb. He would tiptoe into this space in the coming months.
BUY
BUY
January 6, 2020
He's not a gold bug, but you can play defence with gold. You can go 5-10% gold and be fine playing defence this way.
Show full opinionHide full opinionHe's not a gold bug, but you can play defence with gold. You can go 5-10% gold and be fine playing defence this way.
BUY
BUY
November 14, 2019
He would play gold in Canadian dollars. Why take the risk? He would get it now if you don’t have it. Interest rates are going to move higher and the US$ is going to move lower.
Show full opinionHide full opinionHe would play gold in Canadian dollars. Why take the risk? He would get it now if you don’t have it. Interest rates are going to move higher and the US$ is going to move lower.
PAST TOP PICK
PAST TOP PICK
November 14, 2019
(A Top Pick Jun 07/19, Up 21%) We saw the period of seasonal strength. If it breaks below $14.50 we may be in trouble. If you want to make money, buy the producers. They lead the way.
Show full opinionHide full opinion(A Top Pick Jun 07/19, Up 21%) We saw the period of seasonal strength. If it breaks below $14.50 we may be in trouble. If you want to make money, buy the producers. They lead the way.
WATCH
WATCH
November 4, 2019
With gold at $1200 and $1250 he was excited about it but now gold had broken out, and there is another band of resistance. We need significant inflation or disinflation or some flight to safety for this one to go up.
Show full opinionHide full opinionWith gold at $1200 and $1250 he was excited about it but now gold had broken out, and there is another band of resistance. We need significant inflation or disinflation or some flight to safety for this one to go up.
COMMENT
COMMENT
October 29, 2019
You can buy gold the commodity or gold stocks which includes the underlying commodity and the business cycle within that company. In a bull run, the stocks perform better. Buy the least-quality balance sheet company, because that stock will respond the most in the change in gold price.
Show full opinionHide full opinionYou can buy gold the commodity or gold stocks which includes the underlying commodity and the business cycle within that company. In a bull run, the stocks perform better. Buy the least-quality balance sheet company, because that stock will respond the most in the change in gold price.
DON'T BUY
DON'T BUY
September 24, 2019
July to early-October is gold's seasonality. It's done very well this year. He's reduced his gold by 65% and wants to get out. However, Chinese New Year means seasonality in January.
Show full opinionHide full opinionJuly to early-October is gold's seasonality. It's done very well this year. He's reduced his gold by 65% and wants to get out. However, Chinese New Year means seasonality in January.
DON'T BUY
DON'T BUY
September 12, 2019
Very hard to forecast gold, as it's driven by sentiment, such as feelings around negative interest rates. She doesn't own any gold producers. This is an easy way to get into the sector, but she doesn't buy ETFs. If you buy gold now, your outlook is more negative than positive. She doesn't think a recession is immiment.
Show full opinionHide full opinionVery hard to forecast gold, as it's driven by sentiment, such as feelings around negative interest rates. She doesn't own any gold producers. This is an easy way to get into the sector, but she doesn't buy ETFs. If you buy gold now, your outlook is more negative than positive. She doesn't think a recession is immiment.
BUY
BUY
August 29, 2019
Gold is a fear-based trade. Big issue is currency. If US dollar isn't seen as the stalwart of the world, that's a good case for gold going up. Gold producers benefit from this. You could also buy GLD. He owns SLV. He'll be wrong if confidence is restored to the US, because then gold won't be a necessity to investors' safety mindset.
Gold is a fear-based trade. Big issue is currency. If US dollar isn't seen as the stalwart of the world, that's a good case for gold going up. Gold producers benefit from this. You could also buy GLD. He owns SLV. He'll be wrong if confidence is restored to the US, because then gold won't be a necessity to investors' safety mindset.
BUY
BUY
August 21, 2019
Gold itself? He's not a gold bug, but likes XGD, which is a basket of gold-mining companies. Their costs are fixed, but their product will rise in value as does the price of gold. Also, Agnico Eagle will benefit nicely from the rising price of gold, and they are in this ETF. He has no price target on gold.
Show full opinionHide full opinionGold itself? He's not a gold bug, but likes XGD, which is a basket of gold-mining companies. Their costs are fixed, but their product will rise in value as does the price of gold. Also, Agnico Eagle will benefit nicely from the rising price of gold, and they are in this ETF. He has no price target on gold.
COMMENT
COMMENT
August 19, 2019
A asset of global gold stocks on which they write calls to generate enhanced yields. If you are bulling on gold you do not want a covered call overlay. HEP-T vs. XGD-T gives you an idea of what to expect.
BUY
BUY
July 29, 2019
Gold will struggle at $1,450 due to overhead supply. $1,500 is half of gold's 10 year chart with a big sell-off at $1,900 and $1,100 being the floor. Support is in the low-$1,500s that'll be tough to crack. Depending on the central banks, if gold rises above that level then it will test old highs. XGD itself is a double or more from here. When XGD fell below $9 last fall, he called a 50% rise, which is happening now. The upside is still strong, based on highs in 2011.
Show full opinionHide full opinionGold will struggle at $1,450 due to overhead supply. $1,500 is half of gold's 10 year chart with a big sell-off at $1,900 and $1,100 being the floor. Support is in the low-$1,500s that'll be tough to crack. Depending on the central banks, if gold rises above that level then it will test old highs. XGD itself is a double or more from here. When XGD fell below $9 last fall, he called a 50% rise, which is happening now. The upside is still strong, based on highs in 2011.
COMMENT
COMMENT
July 24, 2019
He has never been a gold bug, but they keep 3-5% exposure to it. He prefers to pick individual producers with good production growth profiles and strong balance sheets. The recent run to $1450 per ounce has been a good push and he is not sure if that is sustainable. He likes Newmont.
He has never been a gold bug, but they keep 3-5% exposure to it. He prefers to pick individual producers with good production growth profiles and strong balance sheets. The recent run to $1450 per ounce has been a good push and he is not sure if that is sustainable. He likes Newmont.
COMMENT
COMMENT
July 23, 2019
Gold When he gets defensive next January, he will buy gold and use this ETF. XGD is liquid (easy to trade) and gives you more lift than owning gold itself.
Show full opinionHide full opinionGold When he gets defensive next January, he will buy gold and use this ETF. XGD is liquid (easy to trade) and gives you more lift than owning gold itself.
iShares S&P/TSX Global Gold(XGD-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 13
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 17
iShares S&P/TSX Global Gold(XGD-T) Frequently Asked Questions
What is iShares S&P/TSX Global Gold stock symbol?
iShares S&P/TSX Global Gold is a Canadian stock, trading under the symbol XGD-T on the Toronto Stock Exchange (XGD-CT). It is usually referred to as TSX:XGD or XGD-T
Is iShares S&P/TSX Global Gold a buy or a sell?
In the last year, 17 stock analysts published opinions about XGD-T. 13 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P/TSX Global Gold.
Is iShares S&P/TSX Global Gold a good investment or a top pick?
iShares S&P/TSX Global Gold was recommended as a Top Pick by Jaime Carrasco on 2020-03-27. Read the latest stock experts ratings for iShares S&P/TSX Global Gold.
Why is iShares S&P/TSX Global Gold stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is iShares S&P/TSX Global Gold worth watching?
17 stock analysts on Stockchase covered iShares S&P/TSX Global Gold In the last year. It is a trending stock that is worth watching.
What is iShares S&P/TSX Global Gold stock price?
On 2020-04-06, iShares S&P/TSX Global Gold (XGD-T) stock closed at a price of $16.62.
