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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (3364)11/14/2003 3:37:55 PM
From: jimsioi  Read Replies (4) | Respond to of 108662
 
CEF (metal closed end fund) Premium to NAV

I roughly calculate that CEF's premium to NAV is around 8.6% today...this is relatively low, especially with the move in Silver that one would think would stimulate buying. There does seem to be significant selling from $4.85 higher that is depressing the premium....added shares today at $4.85.

Chart below shows CEF in relation to GOLD and how recently it has lagged.

stockcharts.com[h,a]dbcayiay[dc][pb40!c200!c20!c13!f][vc60][iut!Ul14!Uj[$gold]!Ug!Lb14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G