Bigfoot, check out cef.a Central Fund Of Canada They legitimately hold bullion and trade with golds movements. Unlike other etf's where its hard to believe they have the gold to back the paper.
Still gives you liquidity that physical does not. google it . you'll come up with some others good opinions

On a TFSA if you are topping up another persons account and they[you] decide to cash in a stock it is TAXFREE to that individual. It is clear/declared cash for that person and they can pass the monies on to whomever they want. nuff said read between the lines.

Au1