GREY:PMTRF - Post by User
Post by
GreedAndFearon Feb 25, 2011 2:10pm
366 Views
Post# 18195284
Precious metals at a discount
Precious metals at a discount
100% segregated, unallocated, physical gold, silver and platinum.
NAV (Feb 24): $17.38
Price (Feb 25): $17.04
So, people are selling precious metals at a discount, while most such funds see a rather rediculous premiums that always leads to secondary offerings taking it out.
The bonus with this fund is they also hedge the CAD, so in a rising CAD environment, the gains aren't offset by the loonie's rise.