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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: TheBusDriver who wrote (63003)1/25/2001 7:43:14 PM
From: Richard Mazzarella  Read Replies (1) of 116759
 
OT, Wayne, notice that the net asset value (book value) of CEF is greater than the current stock price. You can buy your metals at a discount in buying CEF. The last thing you want to do, short of nuclear war, is hold physical metal, security becomes a problem. If I were interested in buying the metals I would buy CEF, or a precious metal's mutual fund if you don't want to deal with individual metal (metal and mining) stocks. Check out some of the early posts of the precious metal mutual fund thread for some fund names: Subject 19473
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