Q: Yesterday, I asked you for recommendations in the silver space and you suggested two silver miners. Does that mean you don't think something like PSLV is a good investment?
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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.
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iShares Silver Trust (SLV $47.72)
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Royal Canadian Mint - Canadian Silver Reserves Exchange-Traded Receipts (MNS $42.50)
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Sprott Physical Silver Trust (PSLV $24.58)
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Purpose Silver Bullion Fund (SBT $26.04)
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Global X Silver Miners ETF (SIL $75.40)
Q: I heard that silver may continue its resurgence in 2021.
What would be your best bet in this space? Stock or ETF.
Could you list two of each?
Thanks
Jeff
What would be your best bet in this space? Stock or ETF.
Could you list two of each?
Thanks
Jeff
Q: I watched a You Tube clip where a guest stated that SLV, SIL and PSLV were having difficulty obtaining physical silver. Can that be verified?
I would also like to know how much physical silver PSLV holds. Is that information available to the investing public?
Thank you
I would also like to know how much physical silver PSLV holds. Is that information available to the investing public?
Thank you
Q: Hello,
My question is not really about PSLV, but a gold equivalent for PSLV i.e. a physical delivery gold trust/ETF.
Are there any in Canada and US which you could recommend?
Thank you
My question is not really about PSLV, but a gold equivalent for PSLV i.e. a physical delivery gold trust/ETF.
Are there any in Canada and US which you could recommend?
Thank you
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Sprott Physical Silver Trust transferable redeemable units (PSLV.U $17.35)
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Sprott Physical Silver Trust (PSLV $24.58)
Q: If I purchased any of these, are they subject to capital gains tax? If I wanted to redeem the physical silver in exchange for the shares, what would the charges be over the spot price? Does the share price follow the spot price dollar for dollar? Wouldn't mind having answers for any questions I haven't thought of.
Q: My question is related to the storage quantity of gold and silver at Sprott. As I buy and sell PHYS and PSLV on the TSX I assume I am selling to OR buying from another trader in the market. Where does Sprott obtain the funds to add to its holdings or are the physical holdings constant after funds from the IPO were invested in the metals? Am I trading around those initial physical holdings?
If I don’t hold the physical metal like having a gold wafer in a safe deposit box, do I really own it?
If I don’t hold the physical metal like having a gold wafer in a safe deposit box, do I really own it?
Q: Hi Group Ronald asked a question on Physical gold bullion within the question was a statement that paper gold and silver will become worthless? you appeared to agree with this . Did I read that correctly should we only hold gold bullion to be 100% safe please explain I own the following AEM, FNV, MAG,GDXJ, GDX, WDO, EQX, SIL, USA please advise to hold or sell /convert to gold bullion/physical gold only Thanks
Q: I read this is an article from Matterhorn Asset Management:
"Your best friend and protector in this ignominious company of bubble assets and falling currencies are precious metals in the form of physical gold and silver.
But please ignore PAPER gold and silver (including ETFs) which one day will be worthless."
I hold both both of these funds in approximately equal percentages. Should holding my precious metals via Sprott alleviate any concerns I should have about the investment becoming "worthless"?
"Your best friend and protector in this ignominious company of bubble assets and falling currencies are precious metals in the form of physical gold and silver.
But please ignore PAPER gold and silver (including ETFs) which one day will be worthless."
I hold both both of these funds in approximately equal percentages. Should holding my precious metals via Sprott alleviate any concerns I should have about the investment becoming "worthless"?
Q: Can you explain in simple English what Sprott has done in pursuing this "at-the-market" program with these firms [Cantor Fitzgerald & Co. ("CF&Co"), Virtu Americas LLC ("Virtu" and together with CF&Co, the "U.S. Agents"?
Is it something which I, as a holder of these Sprott shares, should consider selling my positions and moving to other precious metals funds or to miners?
Thank you
Is it something which I, as a holder of these Sprott shares, should consider selling my positions and moving to other precious metals funds or to miners?
Thank you
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Novo Resources Corp. (NVO $0.16)
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Sprott Physical Silver Trust (PSLV $24.58)
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Karora Resources Inc. (KRR $6.70)
Q: Hello Peter,
Based on your last reply, i agree day to day movements is not something to worry about; however, i am noticing Novo Resources and Karora Resources are showing either lower stock movements or trending lower whereas the sector is surging.. is there any news? Also, can you recommend a good silver ETF; I was thinking of SLVP OR SIL. Please advise. Thanks
Based on your last reply, i agree day to day movements is not something to worry about; however, i am noticing Novo Resources and Karora Resources are showing either lower stock movements or trending lower whereas the sector is surging.. is there any news? Also, can you recommend a good silver ETF; I was thinking of SLVP OR SIL. Please advise. Thanks
Q: I have no exposure to silver. Only a little to gold and is it to late for gold ?
could you recommend a Canadian ETF for silver?
do you think silver will play 'catch up' to gold ?
would a precious metal ETF be wise. Which one?
could you recommend a Canadian ETF for silver?
do you think silver will play 'catch up' to gold ?
would a precious metal ETF be wise. Which one?
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Sprott Physical Gold Trust (PHYS $46.73)
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Sprott Physical Silver Trust (PSLV $24.58)
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Sprott Physical Gold and Silver Trust (CEF $57.34)
Q: For Canadians to hold a physical gold or silver ETF rather than a product that uses derivatives type ETF that has more risk, would you recommend PSLV, CEF or PHYS. Do you feel these track the spot prices well. I am looking right now and today silver spot on bloomberg is up 1.60% but PSLV on Toronto is up only 0.60% and the currency difference does not explain the difference as PSLV in US$ is up only 0.60% as well. That seems alot that is pushing over to a NAV premium discount.
Q: Is there a silver etf or other investment type that you might recommend ?
Thanks,
Phil
Thanks,
Phil
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First Majestic Silver Corp. (FR)
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BetaPro Silver 2x Daily Bull ETF (HZU)
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Silvercorp Metals Inc. (SVM $9.88)
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Fortuna Mining Corp. (FSM $8.90)
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Sprott Physical Silver Trust (PSLV $24.58)
Q: Silver stocks have had a run since mid-year; does the team have opinion on silver itself and a preferred method of investing in the commodity.
Thanks... your thoughts are respected and appreciated
Doug
Thanks... your thoughts are respected and appreciated
Doug
Q: Hello folks; Looking to tuck away some silver. Which of these would be better suited and what will the fact that SVR is hedged have if silver and SVR happen to go up? Also, PSLV is on the TSX exchange but is listed in USD. Is there a problem with government hold-backs upon cashing out?