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Bullboard - Stock Discussion Forum iShares S&P/TSX Global Gold Index ETF T.XGD

Alternate Symbol(s):  IUTCF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto. To achieve its investment objective the Fund uses an... see more

TSX:XGD - Post Discussion

iShares S&P/TSX Global Gold Index ETF > XGD and Gold is set to soar in 2021. Get ready for action.
View:
Post by JayStatusUpdate on Dec 31, 2020 7:07pm

XGD and Gold is set to soar in 2021. Get ready for action.

This is the time for XGD to shine once again. Gold is stable at $1900/oz and these miners are going to start printing money and reducing their debt like no tomorrow. Miners have at least a year or two more to go before they run out of steam, especially at these valuations. This is a huge untapped BUY.
Comment by JBoukis on Jan 04, 2021 6:56pm
Agreed!  What does XGD trade at with gold at $2500?  Care to take a stab?  Miners will be printing money at this level...GLTA
Comment by Shadow1973 on Feb 20, 2021 7:34pm
Barrick is shovelling money out the door ($750 million in special dividends) because they have so much cash, yet the miners continue to go unloved and take a beating. Zero interest in the gold sector right now. Funds all going to bitcoin.
Comment by dragshot on Jan 11, 2022 6:37am
Well that was a waste of a year!  lol 
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