Is gold bullion a good investment?

A gold bullion investment may sound exciting but the truth is, gold bullion has a lot of hidden costs.

What do think of when you hear the term gold bullion? Perhaps you envision stacks of gold bullion piled high in a vault. If you’re here, you’re… Read More

What are mining stocks?

What are mining stocks and how can you successfully invest in them?

What are mining stocks? Great question. Mining stocks are investments in companies that produce or explore for minerals, such as uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold.

Mining stocks… Read More

Pat: Please provide me with your opinion on the following precious metal ETRs: Royal Canadian Mint Gold Reserves Exchange Traded Receipts and Royal Canadian Mint Silver Reserves Exchange Traded Receipts. Thanks.

Royal Canadian Mint Gold Reserves Exchange Traded Receipts (ETRs), $13.61, symbol MNT on Toronto (Receipts outstanding: 35.8 million; Market cap: $540.4 million; www.reserves.mint.ca), are receipts issued by the Royal Canadian Mint (the Crown corporation responsible for minting and distributing Canada’s circulation coins) that let investors… Read More

Hi Pat: what is your opinion of Royal Canadian Mint Gold Reserves Exchange Traded Receipts, and how will they perform when the U.S. has to “pay the piper” with respect to its balance sheet? Thank you.

Royal Canadian Mint Gold Reserves Exchange Traded Receipts (ETRs), $14.00, symbol MNT on Toronto (Receipts outstanding: 30.9 million; Market cap: $455.5 million; www.reserves.mint.ca), are receipts issued by the Royal Canadian Mint (the Crown corporation responsible for the minting and distribution of Canada’s circulation coins) that… Read More

Dear Pat: I would be glad to have your views on Precious Metals & Mining Trust. I have always found your observations extremely useful. Thank you very much for your advice.

Precious Metals & Mining Trust, $11.55, symbol MMP.UN on Toronto (Units outstanding: 19.3 million; Market cap: $222.8 million; www.sentry.ca), is a closed-end fund that holds a portfolio of speculative, mostly gold-mining stocks. These companies include Semafo Mining, which makes up a very high 27.2% of… Read More