RE:RE:RE:RE:RE:London callingRONNIE111 wrote: Y...
At this point, for me, the 2%, or whatever it ends up at, dividend that EDV pays , which is pretty standard for gold companies it seems , that is it is quite low; is of pretty small significance. I recently returned to Canada and in the place where I am trying to buy a house, prices seem to be up 30% in the past couple months. I need a double in share price of EDV just to get ahead of inflation there! And it sure looks to me that average inflation is now north of 6%, so again 2% in these , perhaps the 'FINAL DAYS' , doesn't help that much.
Wait until you see what Mr. Trudeau et al has in store for capital gains tax in the coming budgets.
With the endless money printing (worse than any other country), you may want to rethink your return to Canada.
higher taxes, and wealth taxes will eventually eat into any inflation hedge gains unfortunately.
MM