Q: What are the tax implications of owing the iShares Gold Trust (IAU) in RRSP and non-RRSP accounts? Is IAU treated the same as other US ETFs for Canadians, from a tax perspective?
I recently read that the US taxes gold as a collectible, at a higher tax rate than equities. Does this apply to Canadians who own IAU?
Q: If you were looking to put on a gold trade at this time, would PHYS .TO be a good choice
It is up 38% in the past 52 weeks.
Do you see a good risk/ reward upside, in gold at this time? Or is it too late ?
Would you suggest another stock or ETF for gold exposure instead of PHYS.TO?
Q: Can you confirm the distribution yield for the URA etf? The profile on 5i (and other financial sites) seems to suggest a yield of over 6%. But looking at the distribution history and underlying holdings, it doesn’t seem correct. Can you confirm?
Q: Hi team, Please provide a summary of Westgold and a description of why the stock is a buy, sell or hold.
Also, what should I expect from Culico Metals? I see shares in my account but no value.
Thanks
Rob
Q: Peter; Good thing renewal is coming up after this I’m done to one ? With your old traders hat on what did you think of this mornings announcement of the Singapore group jumping in for $2M of the flow thru.? Thanks.
Rod
I have half a position in GAU and it now sits below where i stop my losses. However I am hesitant to exit today. What is your opinion of this company? Could you opine on the merits of holding this stock for the medium term?
Regards
Rajiv
Just wondering if you have any insight into Pan American's recent weakness. Their Q2 results looked decent with an improving margin and fairly good free cash flow. As well, the guidance provided in the MD&A remained consistent with prior guidance.
Perhaps the stock was overvalued relative to the current commodity pricing?