Fully’s Foley …KISS
XGD.TO
OK….I just did some research on my Portfolio and its gains and Losses recently ( since June )
I owned most of Plunger’s Picks and a few others which are highly regarded …with heaviest weighting on
the Royalty Companies.
I bailed on all positions ( 20 of them ) twice during this present run.
A couple of times I hedged with HGD….but that was a mess.
Here is what I found
XGD.TO was equal to or better than 13 of the 20 stocks and worse than 7 of them.
from June 1 to the peak XGD gained a little over 50% and sum total the 20 stocks gained almost exactly 50%.
So….Here is my new strategy.
I will NOT play individual stocks any more !
Blasphemy !
It is MUCH harder to accumulate and tweak and sell 20 individual stocks than to just BUY the XGD.TO etf
And this does not even consider the commissions…which ADD UP !
And…what is NOT to like about XGD
Here it is ….as of Oct 11
NEM Newmont Goldcorp Corp 18.26% 38.33
ABX.TO Barrick Gold Corp 17.88% 22.49
FNV.TO Franco-Nevada Corp 10.26% 122.17
AEM.TO Agnico Eagle Mines Ltd 7.37% 70.44
KL.TO Kirkland Lake Gold Ltd 5.07% 58.76
RGLD Royal Gold Inc.. 4.80% 120.36
AU Anglogold Ashanti Ltd ..4.78% 20.61
K.TO Kinross Gold Corp 3.42% 6.17
GFI Gold Fields Ltd ADR 2.67% 5.58
SBGL Sibanye-Stillwater ADR 1.98% 6.84
BTO.TO B2Gold Corp….. 1.96% 4.27
BVN Buenaventura Mining Co 1.91% 14.50
YRI.TO Yamana Gold Inc. 1.84% 4.42
DGC.TO Detour Gold Corp 1.58% 20.39
AGI.TO Alamos Gold Inc. 1.31% 6.75
PVG.TO Pretium Resources Inc 1.29% 16.18
CG.TO Centerra Gold Inc 1.16% 12.58
SSRM.TO SSR Mining Inc.. 1.03% 19.23
IMG.TO Iamgold Corp…. 0.97% 4.63
OGC.TO OceanaGold Corp. 0.96% 3.17
NG.TO Novagold Resources Inc 0.88% 8.41
EDV.TO Endeavour Mining Corp 0.81% 23.62
HMY Harmony Gold Mining Co 0.80% 3.13
ASR.TO Alacer Gold Corp 0.73% 5.36
OR.TO Osisko Gold Royalties 0.72% 12.39
These without exception are ALL great PM Stocks.
Whoever picked them deserves congratulations
It’s as if they were a member of the Rambus/Goldtent Community.
So From now on…NO MORE anguishing over portfolio choices and tweaking
I will just buy XGD.TO ….
Then sell some if we see an obvious resistance …add some back at support…..etc and so forth
AND if I’m feeling Bold there is a 2X Leveraged ETF HGU.TO which is based on XGD
Or for hedging I could put on some HGD ( 2X short XGD)
I guess I am a slow learner…BUT This strategy makes so much sense to me
For those who don’t like the 35% top heavy exposure to Barrick and Newmont
There is another Canadian ETF with smaller companies dominating ZJG
Note this is very thinly traded ( hardly trades at all for some reason) BUT the market makers do a great job of keeping spreads low and the trades are always fair and gains very well co related to the stocks in it
Here it is. Another great looking Group of Miners…Worthy of your portfolio replacement .
I rest my case
BTO.TO B2Gold Corp…… 9.10% 4.27
YRI.TO Yamana Gold Inc. 8.32% 4.42
DGC.TO Detour Gold Corporation 7.16% 20.39
AGI.TO Alamos Gold Inc. 6.26% 6.75
PVG.TO Pretium Resources Inc 5.87% 16.18
CG.TO Centerra Gold Inc 5.02% 12.58
SSRM.TO SSR Mining Inc.. 4.86% 19.23
OGC.TO OceanaGold Corp. 4.49% 3.17
IMG.TO Iamgold Corp…. 4.41% 4.63
EDV.TO Endeavour Mining Corp 4.00% 23.62
NG.TO Novagold Resources Inc 4.00% 8.41
OR.TO Osisko Gold Royalties ..3.41% 12.39
ELD.TO Eldorado Gold… 3.39% 10.33
ASR.TO Alacer Gold Corp 3.28% 5.36
SMF.TO Semafo Inc…… 2.96% 4.16
CDE Coeur Mining Inc 2.95% 4.81
TXG.TO Torex Gold Resources …2.92% 16.74
SSL.TO Sandstorm Gold Ltd 2.77% 7.70
NGD.TO New Gold Inc…. 1.86% 1.31
SA Seabridge Gold Inc 1.73% 12.47
WDO.TO Wesdome Gold Mines Ltd 1.70% 6.59
DPM.TO Dundee Precious Metals 1.32% 4.51
MUX McEwen Mining Inc 1.22% 1.56
CNL.TO Continental Gold Ltd 1.14% 4.06
TGZ.TO Teranga Gold Corp 0.84% 5.15
As of Sept. 30, 2019
“Any intelligent fool can make things bigger and more complex … it takes a touch of genius — and a lot of courage — to move in the opposite direction.”
Albert Einstein
Damm
I’m a fan of this strategy too. I’d like to see a performance comparison vs. SIL, SILJ, GDJX since this recent bottom.