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ASA Gold and Precious Metals Ltd C.ASA


Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.


NYSE:ASA - Post by User

ASA Gold and Precious Metals Ltd > Valens acting as safe haven now
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Comment by alfinoon May 04, 2020 4:27pm
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Post# 30985257

RE:RE:Valens acting as safe haven now

RE:RE:Valens acting as safe haven nowhere is a definition of safe haven stock for you so you know what I meant:

"A safe haven is an investment that is expected to retain or increase in value during times of market turbulence. Safe havens are sought by investors to limit their exposure to losses in the event of market downturns"

Defensive stock is what you hope won't go down in times of trouble, like the suposed pipline stocks.. Golad has been the traditional "safe haven" and so far it is showing to be just that.. 
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