for what it is worth ...
cbs.marketwatch.com;
"The chief executive of gold and silver vault Central Fund of Canada Ltd. (CEF: news, chart, profile) said deliveries of bullion, gold and silver, are "taking longer" as the market rally continues. "Hopefully, the market does not tighten up to the point where we can't get metal delivered in a timely fashion," Stefan Spicer told me Tuesday. Central Fund, a closed-end fund, has 8.155 million ounces of silver and 163,027 ounces of gold in Canadian vaults. "We are a proxy for silver and gold," Spicer said. Central Fund shares, traded on the AMEX in New York, hit a 52-week high Tuesday morning." |
