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Strategies & Market Trends : Natural Resource Stocks

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To: The Vet who wrote (18735)12/10/2004 1:31:16 AM
From: Taikun  Read Replies (1) of 108980
 
Incidentally, the prospectus for CEF is here:

sedar.com

This is a *far* better product than GLD, if you don't mind the silver. They clearly state they may do short-term borrowing of 10% of the trusts assets but no futures, the PM is insured, and inspected annually.

Far better is an understatement.

By the way, I notice the premium is back up to 4.74% (12/9 close) from being down to 2% or so in the first days after the launch of GLD. Worth every penny.
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