Investment Q&A

Q: I've asked a few questions on GDXY before but I'm still trying to get my head around the reasons for the fluctuations in yield . As I understand it they invest in the Van Eck gold miners index writing covered calls .... Nothing particularly spooky there. There are other covered call ETF's that invest in gold mines . But none of them have a yield anywhere near what GDXY does..... So I would like an explanation of why ? Two months ago the dividend that went into my account was 59% { calculated annually " } . Last month it was 68% { calculated annually } . This morning it was 26.9% { calculated annually } ...... That's a considerable difference from the previous two months . And looking at both the VIX { for volatility in option pricing } and a graph of gold prices doesn't account for it ..... Please explain just exactly how this fund works ? .....And why the considerable drop ? ...... Also please confirm my calculation of this month's yield ? ..... { If my financial institution screwed up the amount that should have gone into my account I want to know about it } .....Thanks again for your terrific service .....

Q: Are there any advantages to buying a physical gold bar at Costco vs holding in through an etf such as GLD?
Secondly, notwithstanding the incredible recent run up in the commodity and the miners, what is your outlook on gold for the next 5 to 10 years?
Lastly, if the sector is still appealing to you, would you buy the commodity etf, a seniors etf or a juniors etf?

Thank you and please deduct credits as you deem fit.

Q: What is your forecast on gold versus silver? Which commodity do you feel will do best over the next 5 years?

What is your top recommended gold mining ETF and silver mining ETF in Canada and the US? What is your top recommended gold, and silver, mining stock in Canada or the US?

Many thanks for this excellent service.

Q: Hi 5i team,

What would be the equivalent of PHYS and XGD in the U.S. markets?

Thanks for your help.
Harry

Q: Just a little more clarification on my question on GDXY . First what is a " synthetic call/write strategy " ? I suspect understanding that will help me understand the very large 32.5% yield ......And second the only GDX gold stock I can find is a 5 cent stock Goldex Resources Corporation ? Which I don't find encouraging for a purchase of GDXY . Could you elaborate on the relationship ? ..... Or if I have the wrong company point me in the direction of the right stock symbol ? .... Thanks again for your terrific service ......

Q: Please suggest how I can invest in gold to diversify my portfolio. Currently I have 0 gold
Thanks
Peter

Q: Can you please recommend your favourite metal ETF for URANIUM, COPPER and GOLD.

Thanks for the great service

Q: Good morning, Gold hit an all time high today and its up all day. But the GDX, AEM, and ABX went the other way into negative territory. How is this possible , can you please explain?? In August of 2020 when gold hit $2060 for a brief moment , GDX, AEM, and GOLD hit all time highs and today they are 40-50 % lower .
Thanks,
George

Q: Good morning, Looking at the chart of GDX the last 5 yrs the ETF reached yrly highs on Aug 6,2020, May 18,2021, April 18,2022. Those dates matched the highs in gold price and the gold stocks. So the price of gold , the miners stock price, and the GDX moved together until 2022. Since then the GDX is moving in opposite direction to the other two and reached a new low last week when gold is at an all time high for the last 3 months. Can you explain ? It appears that the GDX is sold short daily and keeping the gold miners stock prices down artificially .??
Thanks, George

Q: Hi can you give me a few good ETFs in $CDN for gold miners?

Thanks!

Q: Peter; My 25 year old granddaughter is interested in buying gold- she’s a CA already and is now working in M&A with an accounting firm. Any suggestions as to how to “ buy” gold for her age and time frame would be appreciated. Thanks.
Rod

Q: Presently I have the above stocks in losing positions. would you buy more to average down / sell or hold? thanks

Q: Hi group what your out look on last Oct lows. Will we see those lows tested on this pullback? so should i wait to start adding to my portfolio or start nibbling I am sitting on 30% cash on 500K total value portfolio

2nd question -I presently own the following and want to add to them in what order and time frame? would you start to nibble CSU, BYD.CA, COST, CSU, KXS, ATZ, L, GSY, NVDA, GOOG, AMZN, NVEI,BN, BAM, SBUX, MSFT,AAPL, TECK, FTS, TFII, ENB, QQQ, GDXJ, GDX

Thanks for your valued opinion

Q: Can you please give me your top three Gold stocks and your top two Gold ETF's to invest in. Thanks in advance.

Q: Thinking that gold may offer some upside in these uncertain times. Can you provide some EFT suggestions as well as a couple gold companies which you might consider investable.

Q: Does GDX rebalance their holdings of mining shares? If so, how often and when? Thanks

Q: Hi Peter, which Gold ETF would you choose and why?
SGDM Sprott Gold Minders ETF
or
GTDX Vaneck Gold Miners ETF
Thanks
Ron

Q: Hi,
I am wondering about whether or not replacing stocks sold for a tax loss strategy is prudent, or not. All of the above listed stocks are at a loss in a taxable account. I am looking to offset a large profit that occurred in July when a number of stops were hit. The loss on GSY and SBUX is not terribly large, and so if it is deemed these stand a good chance of rebounding in the early part of 2022, then I may decided to keep them. In selling any of the stocks listed, are their replacements I could purchase that would likely add some growth? The alternative being just wait out the 30 day period and repurchase the strongest of the list. Your thoughts and suggestions would be most appreciated! Thanks for all the great advice over the years! Dawn

Q: I want to buy a gold stock or etf in USDollars, ie traded in the states, what would you recommend?
Thanks Bob

Q: Would this portfolio held in RRIF have withholding tax on dividends. Does this look like a good portfolio?