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Stock Opinions by Mike Philbrick

COMMENT
We're in an inflation shock that could lead to a growth shock globally. Too much monetary policy and under-investment in energy fields are key factors. If demand continues to rise, then interest rates will continue to rise. If the demand declines, it could lead to a recession. It is a bizarre world, now. From 1990-2021, inflation was only 1.3% and consistently so. Before 1990, inflation was 5%. Central banks have limited power except to dampen demand.
Unknown
WEAK BUY
It'll still be okay, but is one-third exposed to silver, the rest gold. Silver is far more sensitive to the cycle. If you want exposure to purely gold, look at PHYS which should do better if there's an inflationary shock.
Golds
BUY
CEF-T questions It'll still be okay, but is one-third exposed to silver, the rest gold. Silver is far more sensitive to the cycle. If you want exposure to purely gold, look at PHYS which should do better if there's an inflationary shock.
0
DON'T BUY
Energy ETF Commodities are sensitive to the cycle: warning. Suggests XEG or HXE, both market-cap weighted in oil producers, but they are dominated by Suncor and CNQ (over 50% of these ETFs). For more diversification, look at equal-weighted ZEO-T. But he prefers HUC-T because it gives you commodity--and not commodity stock--exposure. For all of these, be very, very careful--there could be severe drawdowns in energy if the economy falters in the next 6-12 months.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 16/21, Down 37%) This is a new investment vehicle going through a phase of adoption. Hold only a portion of this in your portfolio, be ready to sell when cryptos rise, in order to rebalance. Add more when prices decline like now. There are still opportunities in cryptos.
E.T.F.'s
DON'T BUY
Energy ETF Commodities are sensitive to the cycle: warning. Suggests XEG or HXE, both market-cap weighted in oil producers, but they are dominated by Suncor and CNQ (over 50% of these ETFs). For more diversification, look at equal-weighted ZEO-T. But he prefers HUC-T because it gives you commodity--and not commodity stock--exposure. For all of these, be very, very careful--there could be severe drawdowns in energy if the economy falters in the next 12 months.
E.T.F.'s
WEAK BUY
Energy ETF Commodities are sensitive to the cycle: warning. Suggests XEG or HXE, both market-cap weighted in oil producers, but they are dominated by Suncor and CNQ (over 50% of these ETFs). For more diversification, look at equal-weighted ZEO-T. But he prefers HUC-T because it gives you commodity--and not commodity stock--exposure. For all of these, be very, very careful--there could be severe drawdowns in energy if the economy falters in the next 12 months.
E.T.F.'s
BUY
Energy ETF Commodities are sensitive to the cycle: warning. Suggests XEG or HXE, both market-cap weighted in oil producers, but they are dominated by Suncor and CNQ (over 50% of these ETFs). For more diversification, look at equal-weighted ZEO-T. But he prefers HUC-T because it gives you commodity--and not commodity stock--exposure. For all of these, be very, very careful--there could be severe drawdowns in energy if the economy falters in the next 12 months.
E.T.F.'s
DON'T BUY
HDIV vs. HDIF HDIV will give you back part of the yield in the way of return of capital. The MER is a little high at 2.09%. So, will you get that much excess return. HDIF is shorter in its time frame. He can't decide which is better.
E.T.F.'s
DON'T BUY
HDIV vs. HDIF HDIV will give you back part of the yield in the way of return of capital. The MER is a little high at 2.09%. So, will you get that much excess return. HDIF is shorter in its time frame. He can't decide which is better.
0
COMMENT
HBUG-T is outperforming QQQ because of currency/foreign exchange. He can't recommend an alternative to HBUG, but you could withstand the low liquidity in this. Rather, the challenge are the long-duration assets it holds. So if rates keep rising, these sectors will struggle. Then again, this cybersecurity is high-growth.
E.T.F.'s
COMMENT
Canadian bank ETF The challenge with an equal-weighted bank ETFs is that it includes only six companies. Because of the MER to pay, you may to own the banks directly. Also, there's more risk than you think with the banks now, despite the juicy dividends. There's a pullback in housing, so if low-loss provisions become higher than expected or there's a world economic slowdown, there could be pain in banks. Wait the next quarter or two.
Unknown
BUY
Classic exposure. Good thing is that you can buy this either in USD or hedge to CAD. HXS though offers a little more tax efficiency. Both are good and give you exposure. HXS charges a 0.1% MER and ZSP 0.09%.
E.T.F.'s
BUY
ZSP gives classic exposure. Good thing is that you can buy this either in USD or hedge to CAD. HXS though offers a little more tax efficiency. Both are good and give you exposure. HXS charges a 0.1% MER and ZSP 0.09%.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 16/21, Down 9%) Gold stocks with a covered call.it's a proxy for gold exposure. Gold stocks with a covered call which enhances income and protects from the downside to some degree.
E.T.F.'s
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