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Nuveen California Municipal Value Fund Inc T.NCA


Primary Symbol: NCA

Nuveen California Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek current income exempt from both regular federal income taxes and California personal income tax. Its secondary investment objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and California state income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. It also invests in inverse floating rate municipal securities. Its investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NCA - Post by User

Post by Invest4Life2016on Nov 30, 2016 11:03pm
113 Views
Post# 25538080

Gold Bulls Submitting to a Rising U.S. Dollar!!

Gold Bulls Submitting to a Rising U.S. Dollar!!The strength of the U.S dollar is pushing gold down below $1000. The last significant bull market in gold was extinguished by a rising U.S. Dollar which reached a high of 1.67 in Feb 1985. The dollar bubble that happens approx every 15 years is brewing to bring down gold in a big way this time. The only difference being gold capitulated 2 years after it's spike from $860 in 1980 and was kept pinned down because the U.S. Dollar was rising right after gold's spike. This time around the U.S. Dollar's bullishness took a couple of years to form after gold spiked to $1900. This has prevented capitulation till now but as the U.S. Dollar hurdles past 1.10 any support for the gold price to stay above $1000 will have disappeared. Gold had it's mania phase! Now it's the U.S. Dollar that will go through a "mania phase" that puts gold into capitulation and keeps it in a blow off phase till 2019. The smart money is leaving to feast on the bag holders once gold breaks below it's mean.

The Most Important Chart You'll Ever Stare At!
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