Q: I hold gold in several forms, AEM, SII, WPM, ZJG. Over the past 2 years these have appreciated very nicely. I notice that although gold continues to go up in value, these holdings are not making the new highs they have been. Do you think it is a good time to take some profits while continuing to hold them but at a reduce amount? Would you consider changing the mix?
Thanks for all you help,
Mike
Thanks for all you help,
Mike
5i Research Answer:
We would be quite happy with this mix. We cannot comment on SII. We think the sector still has room to run, driven by lower interest rates and currency debasement. We would trim into gains to maintain desired weights, but we would be comfortable holding the sector. We do not see the need for changes but also like some smaller companies such as ARIS.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SII.