Thursday, October 6, 2011

Net Asset Value of Certain Precious Metal Trusts and Funds



A nice bounce in the metals with gold up to key resistance.

The trusts and funds are responding as well as the mining companies, ahead of tomorrow's important September Non-Farm Payrolls report.

One notable variant in this is the unusually large premium being given to the Central Gold Trust. This is almost certainly due to a short squeeze as it is one of the least 'liquid' of the closed end

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