SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (59139)4/23/2006 12:53:05 AM
From: RJA_  Read Replies (1) of 110194
 
>>CEF is at 18% premium

I'm a little confused about this premium thing.

I notice GLD was at a preimum of 1.94%
etfconnect.com

Essentially folks are paying 2% over the net asset value of the fund.

Why?

The fund attempts to match its price to the gold price. Implication here, is on the way out, GLD could trade at a discount(?).

Guys, does anyone have an explanation for the priemum (other than it seems folks are willing to pay it cause thats the market price)?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext