TSX:MMP.UN - Post by User
Comment by
Tadon Dec 07, 2020 11:41am
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Post# 32049525
RE:Adding to my holdings of MMP.un
RE:Adding to my holdings of MMP.unMouserman,
Apologies for not getting last months calculations up for estimated share positions of the top 15 holdings, November 30 data shold be out by week end or early next week. Hope to have the calculations posted for the past month soon after the %ages get posted.
NAV for MMP.UN was posted this morning as $2.4913 and my previous month's tarcking shows the NAV has increased by just over $1 million in trading so far this morning, which translates into an additional $0.058 in NAV per unit.
MMP.UN unit price responding well to today's bump in gold prices ..... which I think may have more to do with the ongoing uncertainty of the results of the U.S. election. This is the main catalyst for the drop in the U.S. dollar over the past month or so. The uncertainty should continue into the next month as well. December 13 -14 key date to watch and again December 18 - 19 as far as election results being contested.
I fully agree, we should see new all time highs in gold prices in nominal terms, but not in inflation adjusted terms, at least not that soon, but $2300 early in the new year is not out of the question .
I'm already fully loaded with MMP.Un ... just sitting back and collecting the monthly distribution
GLTA !!