iShares S&P/TSX Global Gold

XGD-T

Analysis and Opinions about XGD-T

Signal
Opinion
Expert
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.
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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.
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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.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
BUY
BUY
January 16, 2019
Buy this or individual stocks? He sees gold as cash, not an investment. He likes this ETF, but Franco Nevada is better because you get an upside and dividend.
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Buy this or individual stocks? He sees gold as cash, not an investment. He likes this ETF, but Franco Nevada is better because you get an upside and dividend.
PARTIAL SELL
PARTIAL SELL
January 7, 2019
Gold over the next 6 months? The sector under-performed over the last six months. We can see levels equal to the average of the highs in 2017. A return to the lows is also a potential. He is looking to lighten up exposure to this.
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Gold over the next 6 months? The sector under-performed over the last six months. We can see levels equal to the average of the highs in 2017. A return to the lows is also a potential. He is looking to lighten up exposure to this.
PARTIAL BUY
PARTIAL BUY
December 17, 2018
Buy a call option for 2021? Option premiums in gold stocks are in the top 25% of costs in Canada. Gold stocks, inlike FAANGs, don't run up. They move with the markets, up or down. He'd write covered calls of gold stocks, not options. He'd buy only 5-10% of gold in a portfolio.
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Buy a call option for 2021? Option premiums in gold stocks are in the top 25% of costs in Canada. Gold stocks, inlike FAANGs, don't run up. They move with the markets, up or down. He'd write covered calls of gold stocks, not options. He'd buy only 5-10% of gold in a portfolio.
HOLD
HOLD
July 9, 2018

An ETF of the producers. GOLD has had a lid of $1560 or so. This ETF has been flat like the commodity for some time. There is a seasonal time for it over the next two to three months, so continue to hold it during this time in case of a break out.

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An ETF of the producers. GOLD has had a lid of $1560 or so. This ETF has been flat like the commodity for some time. There is a seasonal time for it over the next two to three months, so continue to hold it during this time in case of a break out.

DON'T BUY
DON'T BUY
February 26, 2018

He was one of the first shareholders of this in 2003, but hasn't held it for a while. There are better safe havens like the Chinese renminbi or Chinese bonds. Gold has fallen out of favour and trending sideways, if not down. He's neutral on gold, though watching it.

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He was one of the first shareholders of this in 2003, but hasn't held it for a while. There are better safe havens like the Chinese renminbi or Chinese bonds. Gold has fallen out of favour and trending sideways, if not down. He's neutral on gold, though watching it.

PAST TOP PICK
PAST TOP PICK
December 22, 2017

(A Top Pick Aug 25/17. Down 1.69%.) If you own this, you are going into a period of seasonal strength and should stick with it and buy more.

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(A Top Pick Aug 25/17. Down 1.69%.) If you own this, you are going into a period of seasonal strength and should stick with it and buy more.

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