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Bullboard - Stock Discussion Forum Global X Gold Producer Equity Covered Call ETF T.GLCC

Alternate Symbol(s):  HEPZF

TSX:GLCC - Post Discussion

Global X Gold Producer Equity Covered Call ETF > After a 20% haircut since Nov 9 , may be time to start buys
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Post by mouserman on Nov 25, 2020 11:00am

After a 20% haircut since Nov 9 , may be time to start buys

HEP has come down an awful lot, and given the chances of more stimulus in the US and other areas of the world, to fight the economic damamge from COVID...those trillions of $$$ in stimulus will light a fire under the miners again.
Should be a nie steady income stream, and some capital gains from here, for those who are patient.
Comment by slst on Dec 30, 2020 8:31pm
I m in.   Its a great basket of Golds.  Most are making historical profits and have raised their dividends. 
Comment by mouserman on Nov 17, 2021 12:45pm
Here we are again, November and HEP beaten down to below as Novemeber began. Goldminers are oversold... and at current prices, the precious metals streaming companies are making more than ever, and these are a big part of the top 10 holdings. Great business models. Was a buyer under 30$ as gold/silver  start to get some wings, i added again today.
Comment by Podios2 on Nov 28, 2021 12:46pm
I've never owned hep but have been keeping an eye on it may look at adding this week, dont think being in gold will be a bad thing going forward the dividend is good as well.
Comment by heybulldog on Dec 16, 2021 5:19pm
I own HEP and like it's holdings. It should do well going forward but MMP.UN ( which I also own) has out performed HEP. For example: YTD   HEP                    -20.1%            MMP.UN            -8.9% The question is will HEP ...more  
Comment by pennyflipping on Mar 28, 2024 10:26pm
I wonder if you've grown a brain by now. (probably not since gold bugs are low IQ) GLCC is a terrible product filled with terrible companies in a terrible sector. Lol