iShares S&P/TSX Global Gold

XGD-T

Analysis and Opinions about XGD-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
August 4, 2017

Gold and gold stocks have seasonality from about the 3rd week in July until the end of September. Gold bullion has already come up quite nicely in the last couple of weeks. If this clears the $1300 level, look for fireworks on gold and gold stocks going forward. This ETF has been forming a nice little base pattern just as it enters the period of seasonal strength.

Show full opinionHide full opinion

Gold and gold stocks have seasonality from about the 3rd week in July until the end of September. Gold bullion has already come up quite nicely in the last couple of weeks. If this clears the $1300 level, look for fireworks on gold and gold stocks going forward. This ETF has been forming a nice little base pattern just as it enters the period of seasonal strength.

COMMENT
COMMENT
July 24, 2017

By the look of the chart, gold has pretty much been going nowhere fast, if anything, a slight trend to the downside. That is not negative, but is not overly positive. Gold, seasonally, tends to move between now and October. However, the chart shows gold is in a bit of a triangle, and it needs to break that. If gold breaks $1300, that would be very bullish. Being in a triangle, he won’t buy. He likes to buy on a break out.

Show full opinionHide full opinion

By the look of the chart, gold has pretty much been going nowhere fast, if anything, a slight trend to the downside. That is not negative, but is not overly positive. Gold, seasonally, tends to move between now and October. However, the chart shows gold is in a bit of a triangle, and it needs to break that. If gold breaks $1300, that would be very bullish. Being in a triangle, he won’t buy. He likes to buy on a break out.

PAST TOP PICK
PAST TOP PICK
July 19, 2017

(A Top Pick July 20/16. Down 24.1%.) Last year, the US$ was very strong, so gold suffered. For gold to do well, you need the stock market to have a correction. She always owns some gold as an offset in case the market corrects.

Show full opinionHide full opinion

(A Top Pick July 20/16. Down 24.1%.) Last year, the US$ was very strong, so gold suffered. For gold to do well, you need the stock market to have a correction. She always owns some gold as an offset in case the market corrects.

COMMENT
COMMENT
July 14, 2017

If you don’t want individual gold stocks, and you don’t know the companies, you buy this ETF. It is down, so be prepared to hold it for the long-term. He doesn’t want to hold this.

Show full opinionHide full opinion

If you don’t want individual gold stocks, and you don’t know the companies, you buy this ETF. It is down, so be prepared to hold it for the long-term. He doesn’t want to hold this.

PAST TOP PICK
PAST TOP PICK
June 30, 2017

(A Top Pick Feb 16/16. Up 14.37%.) Hadn’t bought gold for years, but was looking at his core holdings, and likes to do a sector trade occasionally. This one looked good but sold it when the price of gold went up 20%.

Show full opinionHide full opinion

(A Top Pick Feb 16/16. Up 14.37%.) Hadn’t bought gold for years, but was looking at his core holdings, and likes to do a sector trade occasionally. This one looked good but sold it when the price of gold went up 20%.

PAST TOP PICK
PAST TOP PICK
June 30, 2017

(A Top Pick April 18/16. Down 2.86%.) This was a seasonal play. It has had some pretty big swings, but he sees that it has been basing. If we get above the $16 range, it will be good. Seasonality starts for gold stocks in late July.

Show full opinionHide full opinion

(A Top Pick April 18/16. Down 2.86%.) This was a seasonal play. It has had some pretty big swings, but he sees that it has been basing. If we get above the $16 range, it will be good. Seasonality starts for gold stocks in late July.

TOP PICK
TOP PICK
June 8, 2017

People need to have weakly and negatively correlated assets, and gold has come back a little this year. Doesn’t feel we are in a situation where gold is likely to pull back anymore. If there is any kind of real or perceived insurrection, this would probably have a positive pop tomorrow. He is recommending 3%-5% for most people, just as a portfolio diversifier.

Show full opinionHide full opinion

People need to have weakly and negatively correlated assets, and gold has come back a little this year. Doesn’t feel we are in a situation where gold is likely to pull back anymore. If there is any kind of real or perceived insurrection, this would probably have a positive pop tomorrow. He is recommending 3%-5% for most people, just as a portfolio diversifier.

PAST TOP PICK
PAST TOP PICK
May 11, 2017

(A Top Pick April 18/16. Up 5%.) Got out of this in late January/early February. This was a seasonal gold play. We are just starting another seasonal time in gold, about 1.5 months away. If this can get above the $14 level, it is probably going to run back up to its highs.

Show full opinionHide full opinion

(A Top Pick April 18/16. Up 5%.) Got out of this in late January/early February. This was a seasonal gold play. We are just starting another seasonal time in gold, about 1.5 months away. If this can get above the $14 level, it is probably going to run back up to its highs.

WAIT
WAIT
May 3, 2017

He trades gold, but it is not a trending thing at this point. The best time to trade gold is generally between July and late fall/early winter. He wouldn’t own gold right now.

Show full opinionHide full opinion

He trades gold, but it is not a trending thing at this point. The best time to trade gold is generally between July and late fall/early winter. He wouldn’t own gold right now.

COMMENT
COMMENT
April 27, 2017

Gold is always very much a top pick in Canada, much more so than anywhere else, such as the US. It is also one of those things that people are going to run to when things get unstable and a bit difficult. This ETF has a very large weighting in Barrick (ABX-T), Newmont (NEM-N) and Goldcorp (G-T). His preference would be to own Franco Nevada (FNV-T), a streaming company, that pays a decent dividend, and is not in the business of exploring, drilling and production.

Show full opinionHide full opinion

Gold is always very much a top pick in Canada, much more so than anywhere else, such as the US. It is also one of those things that people are going to run to when things get unstable and a bit difficult. This ETF has a very large weighting in Barrick (ABX-T), Newmont (NEM-N) and Goldcorp (G-T). His preference would be to own Franco Nevada (FNV-T), a streaming company, that pays a decent dividend, and is not in the business of exploring, drilling and production.

COMMENT
COMMENT
March 29, 2017

XGD-T vs. CGL-T. CGL-T just holds gold bullion. There is a currency hedge on it. Gold mining companies tend to be pretty correlated over the long term. CGL-T is a more pure exposure and bypasses the gold companies. XGD-T is really just the companies. If you think they have opportunities then this is your vehicle of choice. CGL.C-T is not hedged. XGD-T is an equity investment, CGL-T is a commodity investment.

Show full opinionHide full opinion

XGD-T vs. CGL-T. CGL-T just holds gold bullion. There is a currency hedge on it. Gold mining companies tend to be pretty correlated over the long term. CGL-T is a more pure exposure and bypasses the gold companies. XGD-T is really just the companies. If you think they have opportunities then this is your vehicle of choice. CGL.C-T is not hedged. XGD-T is an equity investment, CGL-T is a commodity investment.

PAST TOP PICK
PAST TOP PICK
March 15, 2017

(A Top Pick Jan 20/17. Down .9%.) The seasonality for gold and gold stocks are identical. Historically they bottom right around the middle of December and then move higher. After that they selloff.

Show full opinionHide full opinion

(A Top Pick Jan 20/17. Down .9%.) The seasonality for gold and gold stocks are identical. Historically they bottom right around the middle of December and then move higher. After that they selloff.

PAST TOP PICK
PAST TOP PICK
February 23, 2017

(A Top Pick Feb 26/16. Up 24.31%.) Gold went way up after he had talked about this, and then it dropped, but came back again 2-3 months ago. He recommends gold because it is a great diversifier. It is weakly correlated to other asset classes, and also does very well in times of insurrection and inflation. Still a buy.

Show full opinionHide full opinion

(A Top Pick Feb 26/16. Up 24.31%.) Gold went way up after he had talked about this, and then it dropped, but came back again 2-3 months ago. He recommends gold because it is a great diversifier. It is weakly correlated to other asset classes, and also does very well in times of insurrection and inflation. Still a buy.

TOP PICK
TOP PICK
February 23, 2017

His rationale for gold is that people need to always think, from a portfolio perspective. So that instead of cherry picking on how well a security would do, build an entire portfolio and consider how everything would work together. Having something like gold in your portfolio is a good way to improve risk adjusted returns. A great thing to have in your portfolio, with a small sliver, 3%-5% as a long-term Hold.

Show full opinionHide full opinion

His rationale for gold is that people need to always think, from a portfolio perspective. So that instead of cherry picking on how well a security would do, build an entire portfolio and consider how everything would work together. Having something like gold in your portfolio is a good way to improve risk adjusted returns. A great thing to have in your portfolio, with a small sliver, 3%-5% as a long-term Hold.

COMMENT
COMMENT
February 3, 2017

Most of the gold ETF’s are quite reasonable. They reduce the risk in terms of you not putting all your eggs in one basket. The question is, should you be buying a gold ETF. He would prefer SPDR Gold (GLD-N) gold itself, rather than a basket of companies. It is a little early on gold. Still too much uncertainty as to when the US$ is going to recover. It may continue to weaken.

Show full opinionHide full opinion

Most of the gold ETF’s are quite reasonable. They reduce the risk in terms of you not putting all your eggs in one basket. The question is, should you be buying a gold ETF. He would prefer SPDR Gold (GLD-N) gold itself, rather than a basket of companies. It is a little early on gold. Still too much uncertainty as to when the US$ is going to recover. It may continue to weaken.

Showing 46 to 60 of 182 entries