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Strategies & Market Trends : Ride the Tiger with CD

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To: stuffbug who wrote (202268)	8/8/2011 10:41:29 PM
From: Cogito Ergo Sum	Read Replies (1) of 312934

CGL move makes more sense.. but still the CEF.A move of only .12 does not compute ?? even at that gold silver ratio.. unless the NAV premium was really large.. but in this environment I would expect it to hold... THX for the CGL.. at least some liquidity there.. not quite CEF.A level but OK.. if loonie goes sub par wrt to USD... and gold up in USD.. we get lose benefit from hedging ? ie. two way street.. ?

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