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


To: The Vet who wrote (32244)11/12/2004 5:30:13 AM
From: re3  Read Replies (2) | Respond to of 39344
 
until or unless there is a fund that just holds silver, can we really say that there will be no primo ? perhaps some will figure that a few percent primo for the silver portion of cef is worth it...like someone else pointed out, when you consider the cost of acquiring and holding physical silver...

i'd presume it might trade at a discount if and when gold and silver really take off, if people figure moves in the metals may not hold...



To: The Vet who wrote (32244)11/12/2004 11:12:12 AM
From: Claude Cormier  Read Replies (1) | Respond to of 39344
 
I think that you are right on with this comment.

Can I add that no matter which one you pick, these vehicles are excellent for trading the metals. But those wishing to build long term savings and eventually use their gold as money, nothing can beat Goldmoney.



To: The Vet who wrote (32244)11/14/2004 4:12:57 PM
From: Public Heel  Read Replies (1) | Respond to of 39344
 
Perhaps CEF will keep some premium because of its silver content? Their last 6-k (7/31) stated that they were 44% silver. If they kept their bullion holdings constant since then, the price change differential would have boosted that to 46%.

Their premium is currently at 4.6%. Since they have often been 10% or higher, perhaps the current premium shows a downward market adjustment so that it reflects only the silver content.