Q: What is the best way to invest in seven minerals of which Canada is the top supplier to the U.S: aluminum, potash, cesium, rubidium, indium, tellurium, and uranium.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good Morning
Technicals on XBM would indicate that we are entering a growth period for base metals, however, "Bank of Nova Scotia (BNS.TO) on Monday said concerns over Donald Trump's trade war with China is likely to dominate the outlook for commodities in the fourth quarter, predicting the issue could be a drag on markets until the 2020 U.S. election. The bank said that while a new North American trade agreement may decrease uncertainty, the U.S. trade war with China is likely to cut commodity prices for most metals."
What is your stance on base metals for the upcoming period?
Carl
Technicals on XBM would indicate that we are entering a growth period for base metals, however, "Bank of Nova Scotia (BNS.TO) on Monday said concerns over Donald Trump's trade war with China is likely to dominate the outlook for commodities in the fourth quarter, predicting the issue could be a drag on markets until the 2020 U.S. election. The bank said that while a new North American trade agreement may decrease uncertainty, the U.S. trade war with China is likely to cut commodity prices for most metals."
What is your stance on base metals for the upcoming period?
Carl
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Nemaska Lithium Inc. (NMX $0.17)
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Mason Resources Inc. (LLG $0.10)
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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B $46.96)
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Russel Metals Inc. (RUS $41.60)
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Trevali Mining Corporation (TV $0.21)
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iShares S&P/TSX Global Base Metals Index ETF (XBM $22.05)
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Albemarle Corporation (ALB $84.92)
Q: The above stocks and 1 ETF comprise my base metal holdings. Performance of several ( LLG, NMX, ALB, TV) has been dismal since purchase. I bought thinking that it was a good time in the business cycle to own commodities, with a slant towards lithium as you can see. The dollars invested in total are less than 3% of my portfolio. I am prepared to hold if the companies are performing adequately, but would appreciate whether you would consider any of the above sells or “not necessary to own” as you have coined in the past. Would it be preferable to sell all and buy Teck Resources? Thank you kindly for your consideration of this question and please deduct as many points as appropriate for such a lengthy list.
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iShares S&P/TSX Global Base Metals Index ETF (XBM $22.05)
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ARK Next Generation Internet ETF (ARKW $156.66)
Q: HI Peter/Team what is your opinion about this etfs. Thanks
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BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT $78.00)
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iShares S&P/TSX Global Base Metals Index ETF (XBM $22.05)
Q: Could you please give your analysis of these 2 etfs for a 1 to 2 year hold? Do you have a preference and your reasoning? Thanx.
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iShares S&P/TSX Capped Materials Index ETF (XMA $31.47)
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iShares S&P/TSX Global Base Metals Index ETF (XBM $22.05)
Q: I'm looking for some Canadian ETF's that track base metals. Any suggestions?
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BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT $78.00)
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iShares S&P/TSX Global Base Metals Index ETF (XBM $22.05)
Q: Hello 5i team,
I hold all the stocks in the balanced portfolio except AEM and SYZ. Regarding my exposure to the tech sector, in addition to CSU, ENGH and KXS, I also hold DSG, GIB.A and OTC; so I do not think that it is necessary to add SYZ to the mix.
There seems to be some momentum in the base metals sector, as per your response to an earlier question; instead of selecting a particular company, as per your suggestions, I decided to gain exposure via either XBM or ZMT.
I look forward to your comments.
Antoine
I hold all the stocks in the balanced portfolio except AEM and SYZ. Regarding my exposure to the tech sector, in addition to CSU, ENGH and KXS, I also hold DSG, GIB.A and OTC; so I do not think that it is necessary to add SYZ to the mix.
There seems to be some momentum in the base metals sector, as per your response to an earlier question; instead of selecting a particular company, as per your suggestions, I decided to gain exposure via either XBM or ZMT.
I look forward to your comments.
Antoine
Q: Do you like the prospects of base metals, even after the recent run up?
What do you think of Xbm at these levels? It's nearly doubled in the past few months. Would you wait for a pullback before entering?
Alternatively, should I buy a basket of 4-5 stocks, and which might you recommend?
Thx
KR
What do you think of Xbm at these levels? It's nearly doubled in the past few months. Would you wait for a pullback before entering?
Alternatively, should I buy a basket of 4-5 stocks, and which might you recommend?
Thx
KR
Q: Is it time to add to XBM (global Base Metals Index ETF)?
Thank you
Thank you