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Strategies & Market Trends : Natural Resource Stocks

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To: The Vet who wrote (3402)	11/15/2003 7:53:28 AM
From: jimsioi	Read Replies (2) of 108692

To The VET...re gold ETF and CEF's premium... I suspect that if a US exchanged traded Gold vehicle began trading that the CEF premium would shrink to below 5% but likely maintain something like that amount due to the Silver piece of the pie...for which no ETF is envisioned....If Silver tracks with Gold, which I think will really begin to move once an ETF is available in the US, the premium ought to hang on... Thus I see CEF with its 8% - 9% premium being only slightly overpriced...but time will tell...VET, thanks for the link...

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