Q: I know 5i doesn't like to give out portfolio weighting advice so I won't ask .... I'm considering increasing my position in GDXY to 10% { from it's current weighting of 4.72% } . With the US dollar on a rather steady decline, and Powell unable to lower rates due to tariff inflation .....I think the outlook for gold is positive .....
First given the first two facts would 5i consider this a conservative , moderate risk, or risky approach ? ..... And second what dollar amount would gold have to drop to take me out of the black of that currently 42.3% dividend {That yield is from TD Waterhouse feel free to correct it if it is wrong } ..... ? In spite of the recent drop from my purchase price { down 11% } I am still way in the black collecting my rather large monthly dividend ..... I would like to know how much the price of gold would have to drop to put GDXY in a negative position relative to it's current yield ?.....
Though GDXY has only existed for a year I imagine a correlation between the movement of the price of gold compared to the movement of GDXY unit price could be calculated..... I just don't know how to do that ....... Thanks for you terrific service ......
First given the first two facts would 5i consider this a conservative , moderate risk, or risky approach ? ..... And second what dollar amount would gold have to drop to take me out of the black of that currently 42.3% dividend {That yield is from TD Waterhouse feel free to correct it if it is wrong } ..... ? In spite of the recent drop from my purchase price { down 11% } I am still way in the black collecting my rather large monthly dividend ..... I would like to know how much the price of gold would have to drop to put GDXY in a negative position relative to it's current yield ?.....
Though GDXY has only existed for a year I imagine a correlation between the movement of the price of gold compared to the movement of GDXY unit price could be calculated..... I just don't know how to do that ....... Thanks for you terrific service ......
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iShares S&P/TSX Global Gold Index ETF (XGD)
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Sprott Physical Gold Trust (PHYS)
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Global X Gold Producer Equity Covered Call ETF (GLCC)
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Hamilton Gold Producer YIELD MAXIMIZER TM ETF (AMAX)
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YieldMax Gold Miners Option Income Strategy ETF (GDXY)
Q: Hello
Can PHYS, GLCC, GDXY and XGD be held in TFSA/RRSP accounts?
Is this collection a good mix?
Would AMAX be a better option than some of the aforementioned and if so, which would you replace with AMAX / drop completely.
Thank you.
Can PHYS, GLCC, GDXY and XGD be held in TFSA/RRSP accounts?
Is this collection a good mix?
Would AMAX be a better option than some of the aforementioned and if so, which would you replace with AMAX / drop completely.
Thank you.
Q: Could 5i speculate on the current volatility of gold ? I'm not buying the " Investors are in a sell everything mood " argument ..... Investors are selling Mr Market because of the tariffs and gold " should " be exactly where they head to . The price of gold is unaffected by tariffs ......
As well as speculating on the reason " why " could 5i speculate on how long you feel the volatility in gold will continue? ..... I tend to think gold should continue it's upward rise once investors figure out that it is unaffected by tariffs and look for a safer haven ....... But I trust 5i's analysis more than my own ..... Thanks for your terrific service .... Garth
As well as speculating on the reason " why " could 5i speculate on how long you feel the volatility in gold will continue? ..... I tend to think gold should continue it's upward rise once investors figure out that it is unaffected by tariffs and look for a safer haven ....... But I trust 5i's analysis more than my own ..... Thanks for your terrific service .... Garth