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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

Nuveen California Municipal Value Fund Inc > Game Changer In Gold Market
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Comment by aweighon Dec 02, 2016 2:27pm
160 Views
Post# 25547937

RE:Game Changer In Gold Market

RE:Game Changer In Gold MarketThanks for that, very interesting. What intreagues me is what are the Indians going to do now that their Gov has in effect stolen, well appropriated , their life's savings. The last place you would put your savings now is into newly printed high denomination bills so what else is there to do but buy gold in one form or another.
I believe India has some restrictions on gold, a tax I think, but still the events of the last few weeks should drive more money into gold and for a very long time.
Indians love gold already, now they must really love it !
At some point the pressure exerted on the physical metal should effect the derivatives market and the price should climb. 
Shouldn't it . LOL !





Bottomfisher wrote: https://www.zerohedge.com/news/2016-11-17/islamic-gold-game-changer-gold-market

https://www.gold.org/reserve-asset-management/gold-financial-system/shariah-standard-on-gold




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