Expecting strength in gold prices going forward. Very safe asset for defensive investors. Would recommend in portfolio approach. If interest rates fall, will be good for gold prices (less interest in bonds). Uncertainty in US economy unstable, which is good for gold prices. Weaker US Dollar will also benefit gold prices.
With mining companies, so much can go wrong. If looking to hedge against inflation or geopolitical events, look at gold bullion instead. VALT is hedged, VALT.U is the USD version.
Expecting strength in gold prices going forward. Very safe asset for defensive investors. Would recommend in portfolio approach. If interest rates fall, will be good for gold prices (less interest in bonds). Uncertainty in US economy unstable, which is good for gold prices. Weaker US Dollar will also benefit gold prices.