Bullboard - Stock Discussion Forum iShares Gold Bullion ETF T.CGL

Alternate Symbol(s): CGBLF | T.CGL.C

The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund's objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion... see more

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iShares Gold Bullion ETF > $5000.00 DOLLAR GOLD!!!!!

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Post by Wynjoe on Apr 01, 2020 9:00am

$5000.00 DOLLAR GOLD!!!!!

China has been acquiring gold for years,this virus has come from China,and gold has always been a safe haven.With a worldwide economic transformation happening as I write these words,and cash that may become obsolete,(with the association of germ transmission),gold may spike overnight to surpass any levels imagined.Goldminers may also have to shut down to lessen the impact of this virus,thus creating a more urgent need to hold a shining metal that has forever kept up with inflation.If you want groceries in a future that may see economic changes never before witnessed,buy the physical gold today,(and fast)!!!Goodluck.

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Comment by thebiglebowski on Apr 15, 2020 6:38am

does cgl qualify as physical gold ?

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Comment by Ronbromleygross on Apr 27, 2020 1:05pm

Yes it does. I just initiated a position today. Was looking for a good Bullion ETF and bought this one. Larry Bermans April 24 show said this was a good one to buy after listening to a guest question. I hold mining stocks but have no exposure to the bullion so I bought this one. Larry is very smart and is bullish on gold and has been adding to this asset class on weaknesses. ...more

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iShares Gold Bullion ETF