Investment Q&A

Q: Gold in general due to the massive Fed and provincial deficits in Canada

Hi Peter and team
even before Covid, the Fed govt was running a substantial deficit in good time
(comparatively)
the Fed deficit for the next few years (1-5) would be enormous no matter which party takes power
with the debt, for an average investor, I do own gold stocks and ETF
today at 11:30 Wed , one speaker on BNN felt that investors are not keen on buying gold (now off the peak season), he does not like bitcoin either

From your perspective, this could be a good time to buy some more quality gold
stocks and ETF (I know the names that your services recommend) ; I wonder
if you feel that this would be a prudent move, (up to 5 plus percent in ones portfolio)
or there is another sector one could buy as an insurance of the massive printing of our money due to the huge deficits (the US called it Quantitative easing)

looking forward to hear your expert opinion,
thanks

Michael (do own some gold stocks and the ETF for gold)

Q: Hello,
Would appreciate your suggestions on a couple of good low fee ETF's for commodities
Thanks
Darryl

Q: Can you name some Canadian ETF's which will benefit from the switch into materials or oil and gas or value rather than growth and safety? And can you rank them please? And give reasons for buying or not buying?

I know that's a lot to ask but I am interested in your assessment

Thanks for your help as usual

Q: With gold lagging as bitcoin continues towards the heavens, with someone with the common sense of a Josh Brown as well as the mavens of Berkshire selling their Barrick, with a spike in long term rates and a weaker US dollar, and finally with a potential breakdown in gold being close according to technical analysts I've heard, what is your opinion on 1. where the price of gold might be headed over the rest of 2021 and 2. whether the strength of its hedging power may be waning and 3. whether your opinion that bitcoin needn't be part of a portfolio has changed and 4. whether perhaps a move into a combination of silver and some crypto might provide a better portfolio hedge at this time versus gold. Thanks as always for your thoughts - Ken

Q: 3 questions regarding gold:
(1) I currently hold XGD for the long term, with a dividend of about 0.68%. Would I be better to hold 2-3 really good gold mining stocks, in a non-reg acct, like KL (div 1.99%; no debt) and AEM (div 1.97%). Or with this long-term investment, stay diversified with XGD? I care more about stability, value and some growth, not the dividend.
(2) Should I also hold some physical gold in an ETF like PHYS? If so, what percentage of gold holdings would you have in gold producers vs physical gold?
(3) A friend of mine holds some physical gold at home. Comments on this appreciated.
Thanks!

Q: My Materials sector needs to be increased to about 10% of portfolio - currently I have only 1.3% - all held in KL (underwater 15%).
I note you have ccl.b in the Balanced Portfolio but it does not seem to be in your recent recommendations for Materials ? ?
At the moment my shopping list looks like this:
LUN, IVN, ERO, NEO, NTR, RS, FCX, XGD ( Sell KL ??) , CCL.b ??
Would appreciate your assessment and comments and suggestions for alternatives. Dividend not necessary.
Use whatever number of question credits req'd. Thanks as always.

Q: Seasons Greetings, to you all,
In order to start my TFSA year of right can I get your opinion on a few of each Cdn. & U.S. stocks that may be considered MUST OWN in the Materials & Health sectors.
Also an alternate on ETF's?
Thanks for your usual good answers!

Q: In my RRIF I need a Communications service sector. In my PA you suggested VOX, but I am wondering if there is a Canadian ETF in this sector that you could recommend?
Also an alternative is XGD.TO okay to invest in a RRIF?
Thanks.

Q: Could you recommend a Cdn Materials, Utilities and Gold ETF for long term hold in a registered account ?

Q: I have been reading that given the current situation one should have about 5% or so in gold. I would be interested in your recommendation on:
1. This recommendation
2. Which of the above(s) would you buy or other?
Thanks again.

Q: I would like to crystallize loss in XGD and replace it with two or three good quality gold stocks with growth potential. Appreciate your recommendations.
Thank you

Q: Gold position --Rates ? going up --Best place for Gold investment --ETF --VS company

or should one reduce Gold position

Thanks --Don

Q: What gold stocks and gold ETF's do you like now? Please rank your top 3 gold stocks and etf's.
Thank you,
Patrick

Q: Is XSP the best ETF to reflect the S&P in a Canadian dollar account? Is XGD the best ETF to reflect Canadian gold mining stock? Ie MER, size, flexibility, your favourites....

Q: Hi 5i,

Thank you in advance for you guidance. It is much appreciated. So, I am very bullish for gold and silver. I have invested in physical gold and but I want to take advantage of gold and silver companies as well. I love The Gold Fund at EuroPacific Asset Management (https://europacificfunds.com/funds/gold-fund/) that is managed by Adrian Day, but it requires a $100K minimum investment for Canadians. Can you recommend a really great ETF or Mutual Fund that is similar?

Q: Hi team,
I currently have holdings in the above companies and ETFs, and with the exception of MAG I am up between 12-90% on all of these. I am thinking that I should take some profits to reduce my exposure in the gold and silver sector.
Are there any of these that you would recommend getting out of, or would I be better to pare down my holding in each to get back to an acceptable percentage of my portfolio?
Also, if I was to hold some of these longer term, say 1-3years, can you please rank them in order of which you would recommend holding for that length of time.
thanks as always,
Paula

Q: Retired dividend-income investor. Sitting on 6% cash. Looking to add some gold exposure. Do you think there is more upside to gold over the next couple of years? For the most part, I am a buy-and-hold investor, not a short term trader. Is there an ETF that a) pays a dividend > 3% and b) that contains both the miners and bullion? If not, what would be the best route to get sector exposure, leaning to the conservative side? Thanks...Steve

Q: Looking to add to my gold exposure (currently a small position in GLD). Can you let me know your preferred choice for a:
1. Gold ETF
2. Gold Miner/Producer
3. Gold explorer
4. Gold - high risk/high opportunity
5. Gold...? something alternative here, perhaps like GoldMoney

Thx.

C.

Q: I would like to see your current thoughts on these two right now please.

Q: I have an open ended time frame and $1000 which I am looking to put into the Gold mining sector. I am especially interested in Yamana Gold, but am willing to take on a fair bit of risk on something that might prove especially profitable. Any suggestions? Any risks to look out for in the near future? Thanks.