This summary was created by AI, based on 1 opinions in the last 12 months.
Experts agree that ZGD-T is considered the top ETF for gold producers in Canada, with XGD and ZGD being the go-to names in the country. ZGD's equal weight distribution ensures that big caps do not dominate. In the US, GDX or GDXJ are favored for exposure to juniors. Overall, ZGD-T is seen as a strong performer in the gold sector.
A month ago it was his favourite sector. Gold plays had 40-50% upside but we have come off the lows. He now sees nothing with potential of 20-40% upside other than gold.
Seasonal play? He wouldn’t say this is a seasonal play. One of the reasons people likes gold is that it is often negatively correlated to other asset classes, and does particularly well at a time of real and perceived insurrection.
When gold was testing $1050 he would say yes, but we have had the strongest rally in gold in several years. He thinks we will peak out at $1300 this cycle.
5-10k shares per day volume. He went in last November and bought a million shares. The market maker created the units, so the value traded does not matter. The individual investor needs to trade at least 50k shares to have the market maker create units and you have to call the market maker.
Equally weighted gold in the world. A great way to play the sector. Thinks we will get a double bottom in gold at $1175.00. If we break that then you get a sell signal. It may go 10% lower.
BMO S&P/TSX Eq.Wt. Global Gold is a Canadian stock, trading under the symbol ZGD-T on the Toronto Stock Exchange (ZGD-CT). It is usually referred to as TSX:ZGD or ZGD-T
In the last year, 1 stock analyst published opinions about ZGD-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 BMO S&P/TSX Eq.Wt. Global Gold.
BMO S&P/TSX Eq.Wt. Global Gold was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO S&P/TSX Eq.Wt. Global 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 BMO S&P/TSX Eq.Wt. Global Gold In the last year. It is a trending stock that is worth watching.
On 2024-12-13, BMO S&P/TSX Eq.Wt. Global Gold (ZGD-T) stock closed at a price of $107.37.
XGD and ZGD are the Canadian go-to names. ZGD is equal weight, so the big caps don't run the show.
In the US, he likes GDX or GDXJ (for the juniors).