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.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (93156)2/3/2003 1:36:08 PM
From: goldsheet  Respond to of 116770
 
> Does your premium figure include addition bullion added by CEF?

It's not my figure, CEF reports their own NAV and premium.
You can actually do it yourself using a form on their website.

CEF offered another 3.5 million shares last week in a private placement
at $US4.36 (well below market price near $5) and bought more gold and silver.
REF: biz.yahoo.com

If you bought 1000 shares of CEF for $5090
it would represent:
6.650 ounces of gold (@371.10) worth $US2467.81
332.499 ounces of silver (@4.85) worth $1612.62
Cash of $98.61
Total Asset value = $US4179.04

P.S. They are supposed to be 50/50 AU/AG so they should
be buying lots more silver to balance it out.