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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: goldsheet who wrote (95013)5/24/2003 5:10:49 PM
From: goldsheet  Read Replies (2) of 116779
 
Central Fund of Canada Premium Continues to Plummet

This week, while gold went up, CEF dropped from $4.47 to 4.30.
Current NAV is $4.12, a more sane premium of 4.4% versus 10.6% last week,
and down from well over 20% when I warned of the closed end fund dangers.

New exchange-traded funds should provide competition and eliminate premiums.
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