Pat: Please provide me with your opinion on the following precious metal ETRs: Royal Canadian Mint Gold Reserves Exchange Traded Receipts and Royal Canadian Mint Silver Reserves Exchange Traded Receipts. Thanks.

Royal Canadian Mint Gold Reserves Exchange Traded Receipts (ETRs), $13.61, symbol MNT on Toronto (Receipts outstanding: 35.8 million; Market cap: $540.4 million; www.reserves.mint.ca), are receipts issued by the Royal Canadian Mint (the Crown corporation responsible for minting and distributing Canada’s circulation coins) that let investors… Read More

Hi Pat: what is your opinion of Royal Canadian Mint Gold Reserves Exchange Traded Receipts, and how will they perform when the U.S. has to “pay the piper” with respect to its balance sheet? Thank you.

Royal Canadian Mint Gold Reserves Exchange Traded Receipts (ETRs), $14.00, symbol MNT on Toronto (Receipts outstanding: 30.9 million; Market cap: $455.5 million; www.reserves.mint.ca), are receipts issued by the Royal Canadian Mint (the Crown corporation responsible for the minting and distribution of Canada’s circulation coins) that… Read More