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Sprott Physical Gold Trust T.PHYS

Alternate Symbol(s):  PHYS

Sprott Physical Gold Trust (the Trust) is a closed-end mutual fund trust. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The investment objective of the Trust is to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion. The Trust invests primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not speculate with regard to short-term changes in gold prices. The Trust is authorized to issue an unlimited number of redeemable, transferrable trust units (the Units). Sprott Asset Management LP is the manager of the Trust.


TSX:PHYS - Post by User

Bullboard Posts
Post by Tickon Sep 22, 2010 4:56pm
358 Views
Post# 17480850

What an absolute dog and waste of time!!!

What an absolute dog and waste of time!!!What is it gonna take to get this DOG to bark instead of bite the big one?
It made it's high ($12.00 +) back in early may when gold was in the $1175. to $1220 area.
Since gold has been making new highs it's wandering around the dog house with it's tail between it's legs.
Isn't this thing supposed to be directly leveraged to the POG?
Is Sprott selling his free shares at investors expense?
Bark or Die dam it!!
Bullboard Posts