Connect with us

Precious Metals

Aggressive ETF Portfolio Recap: Gold Junior Miners UP 18% In March

The Aggressive ETF Portfolio holds 178 stocks and it was UP 10.2% in March, on average, and are now UP 13.4% YTD. In comparison, the S&P 500 was…

Share this article:

Published

on

This article was originally published by Munknee

The 25 constituents in the munKNEE “Multi-bagger” Portfolio and the “Rags-to Riches” Portfolio were down 73%, on average, in 2022, but it is hoped that many of them will bounce back in 2023. Taking advantage of such an opportunity, however, would necessitate making 25 separate purchases as neither of the aforementioned Portfolios are tradable. To overcome that situation, however, there are several ETFs that include the constituents in those Portfolios and other downtrodden categories (cryptocurrencies and junior gold and silver miners) and they have been put into an Index named “An Aggressive ETF Portfolio for 2023“.

An original article by Lorimer Wilson, Managing Editor of munKNEE.com (Your KEY To Making Money!)

Below is a description of each of the ETFs in the new Index and their performances in March, in descending order, and YTD:

  1. The ProShares Bitcoin Strategy ETF (BITO)
  2. The iShares MSCI Global Silver ETF (SLVP)
    • consists of 43 constituents,
    • was DOWN 15.8% in 2022,
    • was UP 19.2% in March and
    • is now UP 9.7% YTD.
  3. The Sprott Junior Gold Miners ETF (SGDJ)
    • consists of 45 constituents,
    • was DOWN 29.3% in 2022,
    • was UP 18.0% in March and
    • is now UP 15.9% YTD.
    • Related Article: 8 Gold Forecasts
  4. The AdvisorShares Psychedelics ETF (PSIL):
    • consists of 23 constituents,
    • was DOWN 68.2% in 2022,
    • was DOWN 11.3% in March and
    • is now only UP 1.1% YTD.
  5. The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
    • consists exclusively of 47 American multi-state operators (MSOs),
    • was DOWN 72.1% in 2022,
    • was DOWN 13.1% in March and
    • is now DOWN 18.6% YTD.
  6. The Global X Cannabis ETF (POTX):
    • consists of 19 constituents of which 57% are Canadian licensed producers (LPs),
    • was DOWN 69.0% in 2022,
    • was DOWN 15.0% in March and
    • is now DOWN 18.3% YTD.

In total, the above 6 ETFs:

  • hold 178 stocks,
  • were DOWN 53.6%, on average, in 2022, but
  • were UP 10.2% in March, on average, and
  • are now UP 13.4% YTD and, as such,
  • are outperforming the S&P 500 by a 2-to-1 margin, on average, as it was only UP 5.2% in March and is UP only 7.0% YTD.

If you are bullish on any of the cannabis (both LPs and MSOs), psychedelic (all clinical-stage), cryptocurrency (specifically Bitcoin), and gold and silver junior miner categories going forward then you might want to buy one or more of the above ETFs. If you are not prepared to do so then keep abreast of future updates of munKNEE‘s  An Aggressive ETF Portfolio for 2023 to see if you missed out (or not).


Share this article:

Canadian Silver Co. Will See Big Changes in 2024

Source: Michael Ballanger 12/22/2023

Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market and shares on stock…

Share this article:

Published

on

By

Continue Reading

EGR options out Urban Berry project in Quebec to Harvest Gold – Richard Mills

2023.12.23
EGR Exploration Ltd. (TSXV: EGR) has moved from owner to shareholder at its Urban Berry project in Quebec, this week announcing it is optioning…

Share this article:

Published

on

Continue Reading
Economics

Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar

Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar

A weird week of macro data – strong jobless claims but…

Share this article:

Published

on

Continue Reading

Trending