Quote:
|
I'm thinking he CAD will be stronger than the USD in the upcoming years but would it really matter?
|
The face value is irrelevant, you're buying bullion for the metal value right?
Quote:
|
As for gold, I prefer options contracts (derivatives) for liquidity and gold miners (GDX).
|
I'll avoid the options but I definitely like some specific gold & silver mining stocks but you have to do your research on these and you have to follow them from quarter to quarter and they carry risks different to physical metal. However, they also tend to rise much faster and further than the underlying metal in a bull market so its worth having some exposure.
As for ETFs, for gold I like GDX. For silver, I like the juniors more and SILJ which has 7 of the silver miners I follow in their top 10 holdings which is encouraging.
One of these days, the mining stocks will explode (to the upside) and it will be major news.