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Weekly 52-Week Low (or 52-Week High): TFII-T, CCO-T, NPK-T, MTY-T and More 52-Week Highs and Lows (Apr 10-16)This summary was created by AI, based on 3 opinions in the last 12 months.
Experts agree that Sprott Physical Gold (PHYS-T) is a reliable hedge to preserve purchasing power and protect against higher volatility. They recommend holding physical gold rather than gold stocks, especially in the face of inflation concerns. Despite the current price of gold hovering around $1,950, experts believe it should be higher based on its potential to provide protection during turbulent market conditions.
Forgot gold stocks, but buy this which holds actually gold. Also, it's in USD.
Hold physical hold, not the stocks. With the inflation scare, the price of gold has done nothing, hanging around $1,950, but should be higher. Gold will protect you from higher volatility which he expects.
The CAD can easily go to 65 cents, reflected in the price of gold. Either the TLT or PHY explodes. If we enter recession, TLT outperforms and gold declines.
Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.
Sprott Physical Gold is a Canadian stock, trading under the symbol PHYS-T on the Toronto Stock Exchange (PHYS-CT). It is usually referred to as TSX:PHYS or PHYS-T
In the last year, 1 stock analyst published opinions about PHYS-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sprott Physical Gold.
Sprott Physical Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Sprott Physical Gold.
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.
1 stock analyst on Stockchase covered Sprott Physical Gold In the last year. It is a trending stock that is worth watching.
On 2024-04-19, Sprott Physical Gold (PHYS-T) stock closed at a price of $25.47.
It's a hedge, used to preserve his purchasing power. Happy with the gain YOY.