Q: A question was recently asked about whether gold has finished its run and you said no. I don’t think I have ever owned anything related to gold and i don’t know much about it. But, if it has more runway and we face a bit of an uncertain future, it may be time to test the water. I imagine some kind of etf, either US or Cdn would fit best. What would you suggest on each side of the border for someone in my position
Thanks for great advice
Thanks for great advice
5i Research Answer:
For Canada, we like the XGD ETF, and for the US we like GDX. For a new position, we think position sizing is important here as the run-up has been substantial.