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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

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Post by JBoukis on Apr 23, 2020 10:32am

XGD on fire

Wow, quite the run the past couple of days.  Congrats to all those who stuck it out.  Things should get interesting over the next few months as the gold price appreciates - it's the perfect environment as debt levels explode...GLTA
Comment by gatman on Apr 25, 2020 10:14pm
right on!     technically gold broke out yesterday accordig to many experts....the economy is falling apart..and .the speed of the collapse is breathtaking.!
Comment by JBoukis on Apr 29, 2020 3:47pm
One thing that concerns me a little though is that almost all 10 of the funds top holdings have assests in negative swap line countries which increases risk of higher taxes, royalties, fx restrictions and nationalization.  Katusa Research did a good piece on this today. Barrick for instamce has more than 50% of its assests in neg swap line countires.   Something to watch for sure.   ...more