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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (31927)10/30/2004 9:39:36 PM
From: Square_Dealings  Read Replies (1) | Respond to of 39344
 
So you think the gold ETF will have no premium?

I think you guys are missing the fact that CEF is as much a SILVER bullion investment as a gold investment

This chart looks a bit like a cup and handle. It looks like CEF has the potential to outperform gold and I think it will be because of the SILVER component. 26,173,714 oz silver, 523,591 oz gold. About half $ value is silver and it took them a long time to get the silver deliveries. Silver is currently undervalued relative to gold from historical ratios.

CEF relative to Gold
stockcharts.com[h,a]wacaynay[df][pc40!b8!f]&pref=G

See the time period where CEF out performs gold in the above chart and then look at this chart below over the same time period

Silver relative to Gold
stockcharts.com[h,a]wacaynay[df][pc40!b8!f]&pref=G

cheers

M



To: gold$10k who wrote (31927)10/31/2004 12:40:51 AM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
I agree