Q: There was a banner on BNN this morning that said our trade deficit widened due to an increase in imports of gold. Who is buying that much physical gold and why is it coming from foreign sources? This seems curious to me. Thanks. Ian
Q: My investments, across non registered, and RRIF accounts are full of banks, Brookfield’s, pipelines and utilities. My TFSA holds more small growth stocks and is 5% of total portfolios. I have never owned gold stocks but with their continued pullback are starting to look interesting with continuing geopolitical chaos ( not expected to stop as long as we have Trump ) and the significant decline in US government finances, I am looking at AEM or AGI as my foray using my TFSA.
Your thoughts on these two. Do you have a preference ? Time to buy a full ( or partial ) position or wait until decline seems be over.
Thanks. Derek.
Q: Today you recommended selling LUG in a model portfolio. You mentioned the softening momentum in the gold trade as one reason for this recommendation. In your opinion,
1) would you also recommend selling or taking a bit off of other gold stocks such as GLDM?
2) does the softening momentum also apply to gold miners such as AEM?
Thanks
Q: Recently we have seen many blue chip stocks that had done really well pull back.
Companies like RBC, TD, BN, SHOP, MFC, CNR, CP, JPM, GOOG, MSFT, BRK, and others…
What are your favourite five Canadian and US large cap names that have pulled back recently? Would you be a buyer today or would you wait until the market settles a little?
We are nearing our max contribution to our TFSA's by transferring excess RRSP funds. We have never used a non-registered account. Can you suggest 5-10 stocks that should be in a non-reg account and why they are best in a non-reg over a TFSA Would you add GLXY or ETHQ to a non-reg due to volatility?
Thanks to your words of wisdom, I have done well with these.
The question is if one should control the greed and take some profits or stay the course and let the winners run. I don't need to sell to harvest the profits to live. The position sizes are still reasonable. I can hold them for a few years even.
One faces another dilemma. If I do sell, what should I buy. You have been suggesting that one should wait till the sentiment improves for PRL or GSY or CSU and it's offsprings! I have your favourites in energy! CNQ/TOU/ENB/CVE and such.
Which sector appeals to you going forward?
Should one move to larger players like FNV/WPM/AEM?
Q: 5i provided subscribers with 2 very interesting article recently. One on HALO companies and one of Canadian Companies With Accelerated Topline Growth Rates.
Would you take it one step further for us.
Of the 4 segments of HALO stocks that were highlighted can you pick your top 2 choices from each of the 4 segments and list them from strongest choice down.
Also can you pick the top 5 stocks from the Growth rates list that you think would provide the best growth over the next 5 years from strongest selection down.
Q: Is gold still a buy at today's price. If so what would be your top 3 gold stocks or etfs to buy and why. Or is there a different material that you would prefer today and if so please list your top 3 stocks or etfs for them and why.
Thank you
Q: Would appreciate your advice on ranking our material sector holdings with the goal of consolidating those with the highest conviction. Would you suggest others in this sector that could be added - such as NTR.
Q: What after your top growth picks for base metals? Copper? Uranium? Do these have legs and will they follow the rally that silver and gold are on? How would you rank the commodities? Thanks! Only holding AEM and PHYS currently.
Q: I have some Agnico Eagle shares and am thinking of either adding to it or branching out and purchasing some New Gold.
Please give your opinion on what to do and also reasons why.