PHYS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: PHYS's historical returns over longer holding periods are robust, indicating resilience. Continuous geopolitical uncertainties and inflation concerns boost gold's safe-haven demand, enhancing PHYS appeal.




Bearish Case: Economic stabilization may reduce gold's allure, impacting PHYS negatively. High management fees and a premium over spot gold could deter investors, leading to stagnation or decline.




Potential Outcomes:

1. 30% chance of moderate growth (5-15% return);

2. 25% chance of significant gains (15%+ return);

3. 25% chance of stagnation (0-5% return);

4. 20% chance of decline (-5% or worse).



May 11, 2025


Sprott Physical Gold Trust Units Forecast

PHYS        Sprott Physical Gold Trust Units











Correlated Assets

Assets that tend to move strongly with PHYS



AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (0.96)


BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (0.86)


LRN Forecast + Options Trading Strategies   LRN  Stride (0.86)


TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (0.85)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (0.85)



Uncorrelated Assets

Assets with little price relationship to PHYS



EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (-0.0)


APPN Forecast + Options Trading Strategies   APPN  Appian (0.01)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.02)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.03)


VOD Forecast + Options Trading Strategies   VOD  Vodafone (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against PHYS



CRON Forecast + Options Trading Strategies   CRON  Cronos (-0.87)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.88)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (-0.88)


ASH Forecast + Options Trading Strategies   ASH  Ashland (-0.88)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (-0.91)









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