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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

Sprott Physical Gold Trust
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Post by Wellandon Mar 13, 2023 1:33pm
203 Views
Post# 35335225

SVB Bailout - Good for gold and silver

SVB Bailout - Good for gold and silverIf you listen to te news today, many investors are rushing to safety : Gold, Silver and T-Bills.

The precious metals non beleivers who have lot of money in the banking system will transfer their money into T-Bill. It is more safe to have your assets out of the banking system : gold, silver and T-bill

If the politicians can't stop the bank withdraws, we shall see many more Bank runs.
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Dealroom for high-potential pre-IPO opportunities