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Discussion Starter #1
just received a newsletter from a very well known and old investment company in vancouver

they have finally become gold bugs are recommending barrick with a price target of $62 with gold at $1100 and $80 with gold at $1300

i actually think XGD which has the following in their top holdings would be a better buy as it more diversified and these are also some strong players .. any opinions ?

XGD top five holdings
18.23% BARRICK GOLD CORP
12.52% GOLDCORP INC
11.07% NEWMONT MINING CORP
7.13% KINROSS GOLD CORP
6.46% ANGLOGOLD ASHANTI-SPON ADR
 

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lay over a plain 10 year comparative chart for abx & xgd.
then add couple other canadian senior producers like goldcorp & kinross.

surprise.
 

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Discussion Starter #5 (Edited)
kinross ?

yes, it is the clear winner but i would say the same as i would about rbc precious metals, which has been a stellar performer

"past performance is no guarantee of ...... etc etc"

i think xgd looks to me like the best of all worlds, hedges bets pretty nicely gives you ove 50% in top 5 producers

stumbled on this after posting, a very good screener from the globe and mail re. top metals producers: http://www.theglobeandmail.com/globe-investor/e-zines/investor-all-stars/precious-metals-companies-screener/article1799981/

the screener is from this article which is very interesting: http://www.theglobeandmail.com/globe-investor/e-zines/investor-all-stars/mining-deeper-to-predict-who-will-outshine/article1797262/
 
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