iShares Gold Bullion ETF

CGL-T

Analysis and Opinions about CGL-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
June 1, 2020
(A Top Pick Jun 25/19, Up 21%) He got it in Canadian $ on purpose. He wanted the US dollar exposure with the gold exposure to act as a diversifier. It has done exceptionally well due to inflation and slowing growth. It is outperforming the NAZDAQ.
Show full opinionHide full opinion
(A Top Pick Jun 25/19, Up 21%) He got it in Canadian $ on purpose. He wanted the US dollar exposure with the gold exposure to act as a diversifier. It has done exceptionally well due to inflation and slowing growth. It is outperforming the NAZDAQ.
SELL
SELL
August 20, 2019
Gold makes sense as a small part of many investors portfolios as an alternative asset class. In the recent market panic gold rallied quite a bit. Thinks perhaps it rallied too much. A small position in gold or other precious metals no more than single-digit % could make sense purely as a diversifier. As a long term buy and hold he would suggest to trim. If you look at the producers he would look at them just like any other equities, look at their book, the management, debt to equity ratio, geographic risks, etc.
Show full opinionHide full opinion
Gold makes sense as a small part of many investors portfolios as an alternative asset class. In the recent market panic gold rallied quite a bit. Thinks perhaps it rallied too much. A small position in gold or other precious metals no more than single-digit % could make sense purely as a diversifier. As a long term buy and hold he would suggest to trim. If you look at the producers he would look at them just like any other equities, look at their book, the management, debt to equity ratio, geographic risks, etc.
TOP PICK
TOP PICK
June 25, 2019
Not hedged (though there is a hedged version, a 50/50 split is fine). This gains exposure to gold, which you must own now.
Show full opinionHide full opinion
Not hedged (though there is a hedged version, a 50/50 split is fine). This gains exposure to gold, which you must own now.
COMMENT
COMMENT
March 12, 2019
He likes gold in small amounts in a portfolio, not expecting it to appreciate a lot. Over the long haul, gold just sits there and is de-coupled from the stock market. Gold offers diversification. He holds very little gold. CGL is currency-hedged and is the biggest and most liquid gold ETF in Canada.
Show full opinionHide full opinion
He likes gold in small amounts in a portfolio, not expecting it to appreciate a lot. Over the long haul, gold just sits there and is de-coupled from the stock market. Gold offers diversification. He holds very little gold. CGL is currency-hedged and is the biggest and most liquid gold ETF in Canada.
HOLD
HOLD
August 31, 2018

He thinks gold and silver are not in a friendly economic space right now, with good economic growth and no fear of rapid inflation. He would still consider this a holding to keep as a diversifying tool in your portfolio, because we do not know the future.

Show full opinionHide full opinion

He thinks gold and silver are not in a friendly economic space right now, with good economic growth and no fear of rapid inflation. He would still consider this a holding to keep as a diversifying tool in your portfolio, because we do not know the future.

COMMENT
COMMENT
May 29, 2017

A hedged way to play the gold market. He has about a third of a position. Gold equity holdings are much more volatile than gold itself. If you believe gold is going up then you make more money on the equity side. We are in the mid-to-upper end of the range of the trading of this ETF. This is a no growth story.

Show full opinionHide full opinion

A hedged way to play the gold market. He has about a third of a position. Gold equity holdings are much more volatile than gold itself. If you believe gold is going up then you make more money on the equity side. We are in the mid-to-upper end of the range of the trading of this ETF. This is a no growth story.

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.

TOP PICK
TOP PICK
July 11, 2016

Canadian dollars, gold Bullion. It just broke to a new high, outperforming the market, and momentum indicator are positive.

Show full opinionHide full opinion

Canadian dollars, gold Bullion. It just broke to a new high, outperforming the market, and momentum indicator are positive.

WAIT
WAIT
May 27, 2016

iShares Gold Bullion (CGL-T) or iShares Comex Gold (IGT-T)? This one probably meets your needs, however thinks it is too early for gold. Gold had quite a little rally. If the Fed raises rates and the US$ strengthens, which it will, gold will take a hit. Gold has really worked in the past because of inflation, and we really don’t have that yet. Central banks globally are working on getting inflation going, and it is probably going to start in the US first. Before then, it is pure speculation.

Show full opinionHide full opinion

iShares Gold Bullion (CGL-T) or iShares Comex Gold (IGT-T)? This one probably meets your needs, however thinks it is too early for gold. Gold had quite a little rally. If the Fed raises rates and the US$ strengthens, which it will, gold will take a hit. Gold has really worked in the past because of inflation, and we really don’t have that yet. Central banks globally are working on getting inflation going, and it is probably going to start in the US first. Before then, it is pure speculation.

COMMENT
COMMENT
May 25, 2015

Gold. CGL-T is a way to hold gold bullion, but hedge the Canadian dollar. The mining sector is dirt cheap. Below $1175 be wants to own it and will sell by $1225. If inflation starts to kick in, then gold will shine again but you don’t play for that today.

Show full opinionHide full opinion

Gold. CGL-T is a way to hold gold bullion, but hedge the Canadian dollar. The mining sector is dirt cheap. Below $1175 be wants to own it and will sell by $1225. If inflation starts to kick in, then gold will shine again but you don’t play for that today.

PAST TOP PICK
PAST TOP PICK
November 6, 2014

(Top Pick Nov 05/13, Down 26.64%) It did not work out well. Had a high dividend. A few months ago he met with management and was discouraged by a few things. He exited a few months ago.

Show full opinionHide full opinion

(Top Pick Nov 05/13, Down 26.64%) It did not work out well. Had a high dividend. A few months ago he met with management and was discouraged by a few things. He exited a few months ago.

WAIT
WAIT
March 31, 2014

If you are investing in gold because you think the world will blow up and you will want the physical bar, then go out and buy the bars now. CGL had a double bottom, but he thinks there is one more dip that goes lower and maybe then that is it.

Show full opinionHide full opinion

If you are investing in gold because you think the world will blow up and you will want the physical bar, then go out and buy the bars now. CGL had a double bottom, but he thinks there is one more dip that goes lower and maybe then that is it.

PAST TOP PICK
PAST TOP PICK
March 5, 2014

(Top Pick Feb 28/13, Down 15.54%) He felt there was support, but when it broke he got out.

Show full opinionHide full opinion

(Top Pick Feb 28/13, Down 15.54%) He felt there was support, but when it broke he got out.

PAST TOP PICK
PAST TOP PICK
February 7, 2014

(A Top Pick Feb 28/13. Down 20.09%.) This fell through support at $13.30, so he sold. This was simply a technical trade.

Show full opinionHide full opinion

(A Top Pick Feb 28/13. Down 20.09%.) This fell through support at $13.30, so he sold. This was simply a technical trade.

TOP PICK
TOP PICK
February 28, 2013

Technical trade here. Thinks it would be a short term trade – 6 months.

Show full opinionHide full opinion

Technical trade here. Thinks it would be a short term trade – 6 months.

Showing 1 to 15 of 31 entries

iShares Gold Bullion ETF(CGL-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for iShares Gold Bullion ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Gold Bullion ETF(CGL-T) Frequently Asked Questions

What is iShares Gold Bullion ETF stock symbol?

iShares Gold Bullion ETF is a Canadian stock, trading under the symbol CGL-T on the Toronto Stock Exchange (CGL-CT). It is usually referred to as TSX:CGL or CGL-T

Is iShares Gold Bullion ETF a buy or a sell?

In the last year, 2 stock analyst published opinions about CGL-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for iShares Gold Bullion ETF.

Is iShares Gold Bullion ETF a good investment or a top pick?

iShares Gold Bullion ETF was recommended as a Top Pick by Mike Philbrick on 2020-06-01. Read the latest stock experts ratings for iShares Gold Bullion ETF.

Why is iShares Gold Bullion ETF 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 Gold Bullion ETF worth watching?

2 stock analyst on Stockchase covered iShares Gold Bullion ETF In the last year. It is a trending stock that is worth watching.

What is iShares Gold Bullion ETF stock price?

On 2020-06-04, iShares Gold Bullion ETF (CGL-T) stock closed at a price of $14.37.