iShares S&P/TSX Global Gold

XGD-T

Analysis and Opinions about XGD-T

Signal
Opinion
Expert
BUY
BUY
July 16, 2019
Bullion is doing great, and so is this. Pretty good chart. It's breaking out.
Show full opinionHide full opinion
Bullion is doing great, and so is this. Pretty good chart. It's breaking out.
BUY
BUY
July 5, 2019

The risk/reward on gold producers is pretty good. You can buy the whole basket. There's resistance just below $13. This is good for the next three months and maybe hold it after that.

Show full opinionHide full opinion

The risk/reward on gold producers is pretty good. You can buy the whole basket. There's resistance just below $13. This is good for the next three months and maybe hold it after that.

DON'T BUY
DON'T BUY
July 4, 2019
Prefers to own gold rather than the miners. He owns XAU instead. Miners have management and mining risk. If you think US dollar's going to weaken, and an economic issue, you'll want to own the bullion itself.
Show full opinionHide full opinion
Prefers to own gold rather than the miners. He owns XAU instead. Miners have management and mining risk. If you think US dollar's going to weaken, and an economic issue, you'll want to own the bullion itself.
WAIT
WAIT
June 20, 2019
Gold broke $1360 today aggressively so it looks good. This is very bullish for gold and this will drag the producers. Give it a coupe of days to see if the breakout is real. But looks bullish.
Show full opinionHide full opinion
Gold broke $1360 today aggressively so it looks good. This is very bullish for gold and this will drag the producers. Give it a coupe of days to see if the breakout is real. But looks bullish.
COMMENT
COMMENT
June 19, 2019
Gold does well when interest rates go down, which has been happening. Gold has been out of favour since 2012. He expects now, though, to be another head-fake. Gold is basing and it will have its day...soon. But not now. It's a false rally.
Show full opinionHide full opinion
Gold does well when interest rates go down, which has been happening. Gold has been out of favour since 2012. He expects now, though, to be another head-fake. Gold is basing and it will have its day...soon. But not now. It's a false rally.
DON'T BUY
DON'T BUY
June 13, 2019
Most gold producers are serial destroyers of capital. Gold is kind of an anti-US dollar hedge and there is a benefit in owning in the portfolio.
Show full opinionHide full opinion
Most gold producers are serial destroyers of capital. Gold is kind of an anti-US dollar hedge and there is a benefit in owning in the portfolio.
BUY
BUY
June 12, 2019
He likes gold. Because of the big mergers, gold companies are better managed now. XGD is a good place to start in gold rather than picking Newmont or Barrick. He has a long-term view on gold and that occupies 5% of his client portfolios. The full cost of gold production is US$1,200-1,300 per ounce, and makes up nearly the entire price of gold, but there's almost no risk premium in gold at all.
Show full opinionHide full opinion
He likes gold. Because of the big mergers, gold companies are better managed now. XGD is a good place to start in gold rather than picking Newmont or Barrick. He has a long-term view on gold and that occupies 5% of his client portfolios. The full cost of gold production is US$1,200-1,300 per ounce, and makes up nearly the entire price of gold, but there's almost no risk premium in gold at all.
TOP PICK
TOP PICK
June 7, 2019
He's very bullish gold. Good risk/reward for the next three months. He's recommended gold stocks elsewhere on this show, but this is a good basket of them.
Show full opinionHide full opinion
He's very bullish gold. Good risk/reward for the next three months. He's recommended gold stocks elsewhere on this show, but this is a good basket of them.
BUY
BUY
May 9, 2019

This or buy gold itself? He prefers this ETF over gold itself--but he doesn't like gold. XGD tracks the price of gold closely. GLD tracks the actual gold in the U.S., and he doesn't like it as much though you can write covered calls with this, though the market is illiquid.

Show full opinionHide full opinion

This or buy gold itself? He prefers this ETF over gold itself--but he doesn't like gold. XGD tracks the price of gold closely. GLD tracks the actual gold in the U.S., and he doesn't like it as much though you can write covered calls with this, though the market is illiquid.

WEAK BUY
WEAK BUY
April 1, 2019
ZJG-T is junior golds. He prefers equal weight, ZGB-T is preferred. Gold is one of his biggest positions right now. Gold should do well over the next year or two.
Show full opinionHide full opinion
ZJG-T is junior golds. He prefers equal weight, ZGB-T is preferred. Gold is one of his biggest positions right now. Gold should do well over the next year or two.
COMMENT
COMMENT
March 19, 2019
Gold itself has been sideways since 2014 which has put a lid on the gold producers. It's essential that gold breaks above $1,365 before the gold producers break through. Until then, gold stocks are sideways.
Show full opinionHide full opinion
Gold itself has been sideways since 2014 which has put a lid on the gold producers. It's essential that gold breaks above $1,365 before the gold producers break through. Until then, gold stocks are sideways.
DON'T BUY
DON'T BUY
March 19, 2019
Gold has come back nicely, but Trump can always pressure it. The US dollar was strong, so that hurt gold. He's not a fan of gold and doesn't see gold rising to $1,400. The ETF is a little safer than owning gold itself.
Show full opinionHide full opinion
Gold has come back nicely, but Trump can always pressure it. The US dollar was strong, so that hurt gold. He's not a fan of gold and doesn't see gold rising to $1,400. The ETF is a little safer than owning gold itself.
COMMENT
COMMENT
March 18, 2019
It's a great way to play gold. Gold has been out of favour for 6-7 years. When we hit the next recession, gold will likely revive. It's hard to call these things.
Show full opinionHide full opinion
It's a great way to play gold. Gold has been out of favour for 6-7 years. When we hit the next recession, gold will likely revive. It's hard to call these things.
DON'T BUY
DON'T BUY
March 7, 2019
He doesn't see a downturn, but if there is then XGD isn't bad. He'd like to see more inflation, which is flat now. Until there's inflation or interest rates, he won't rush into gold. The junior gold producers are tricky to judge; he's had some problem with them.
Show full opinionHide full opinion
He doesn't see a downturn, but if there is then XGD isn't bad. He'd like to see more inflation, which is flat now. Until there's inflation or interest rates, he won't rush into gold. The junior gold producers are tricky to judge; he's had some problem with them.
COMMENT
COMMENT
February 28, 2019
He likes gold. He owns iShares COMEX Gold ETF (IAU-N) which is a straight position in bullion. This one invest in the companies having some operational risk. He is at 4-5% depending on the portfolio.
Show full opinionHide full opinion
He likes gold. He owns iShares COMEX Gold ETF (IAU-N) which is a straight position in bullion. This one invest in the companies having some operational risk. He is at 4-5% depending on the portfolio.
Showing 16 to 30 of 182 entries