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Stockchase Opinions

Brooke ThackraySprott Physical GoldPHYS.TOUnspecifiedMar 21, 2022

It holds physical bars of gold and is a good product overall. We are near the end of the gold seasonal period but gold is good for the long term.
N/A

Stock price when the opinion was issued

$44.08

As of Jun 19, 2026. Market Open.

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

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It's a hedge, used to preserve his purchasing power. Happy with the gain YOY.

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Forgot gold stocks, but buy this which holds actually gold. Also, it's in USD.

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Hold physical hold, not the stocks. With the inflation scare, the price of gold has done nothing, hanging around $1,950, but should be higher. Gold will protect you from higher volatility which he expects.

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The CAD can easily go to 65 cents, reflected in the price of gold. Either the TLT or PHY explodes. If we enter recession, TLT outperforms and gold declines.

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CEF-T questions It'll still be okay, but is one-third exposed to silver, the rest gold. Silver is far more sensitive to the cycle. If you want exposure to purely gold, look at PHYS which should do better if there's an inflationary shock.
COMMENT

Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.

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In deflationary shock periods you want access to gold. He likes that you could take physical delivery of gold rather than through futures. It also avoids exposure to companies potentially being limited in their mine operations due to COVID-19 restrictions.
COMMENT
He has been holding this. If you are holding it for the upside of gold and silver, it is a good place to be. If you are holding it as a cash component, it is a good place to be. If you wanted the speculation, he would be looking at good quality companies to get the further upside.
BUY
Likes gold as an insurance against some sort of disaster. Has a huge regard for management and their capabilities.