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Sprott Physical Gold (PHYS-T)
TSE:PHYS
28.86
0.17
(0.59%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
Experts agree that in light of current global uncertainty, holding physical gold is a good hedge at the moment. The company, Sprott Physical Gold, holds unencumbered and fully allocated physical bullion, making it a desirable choice for investors. While there is optimism for the stock's potential upside, some caution that it may be overbought in the short term. However, the consensus is that gold should be part of a balanced portfolio due to central banks and private investors increasingly buying gold as a safety hedge against government debt and market volatility.
$28.270
Unknown
Doesn't know if it will hit $3,000, but it's going higher. He's bullish, but it's had a tremendous run up and short term, gold is overbought. Buy any pullback and don't chase strength. Also, physical gold has already factored in rate cuts, so disappointment is more likely. He'd sell gold.
He's not a gold bug, but there's a time and place to own different assets. Tremendous amount of government debt. Central banks around the world are buying gold right now at the greatest pace in a decade. Private investors are not engaged, because they had such a bad experience over time.
Part of a balanced portfolio. Own less fixed income, and more gold as an alternative safety hedge. For the first time in 45 years, less volatile than a treasury bond.
It's a hedge, used to preserve his purchasing power. Happy with the gain YOY.
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.
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Sprott Physical Gold(PHYS-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
Sprott Physical Gold(PHYS-T) Frequently Asked Questions
What is Sprott Physical Gold stock symbol?
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
Is Sprott Physical Gold a buy or a sell?
In the last year, 1 stock analyst published opinions about PHYS-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sprott Physical Gold.
Is Sprott Physical Gold a good investment or a top pick?
Sprott Physical Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Sprott Physical Gold.
Why is Sprott Physical Gold 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 Sprott Physical Gold worth watching?
1 stock analyst on Stockchase covered Sprott Physical Gold In the last year. It is a trending stock that is worth watching.
What is Sprott Physical Gold stock price?
On 2024-12-23, Sprott Physical Gold (PHYS-T) stock closed at a price of $28.86.
Given current global uncertainty following the recent US election and events in Europe, holding gold is a good hedge at the moment. PHYS holds physical bullion that is unencumbered and fully allocated. We recommend setting a stop-loss at $25, looking to achieve $34 -- upside potential of 18%. Yield 0%