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$12.62 -0.59 (-4.47%)
7/23/2008 4:00 PM

Central Fund of Canada Limited (USA) (CEF)

CAPS Rating:
*****

Provides an investment alternative for investors interested in holding marketable gold and silver related investments. Invests primarily in long-term holdings of gold and silver bullion.

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Avatar Ernbo6 (67.65) Submitted: 10/04/07 3:48 PM : Outperform Start Price: $9.81 CEF Score: 45.48

Central Fund of Canada Limited (Central Fund) is a specialized, self-governing, passive holding company with most of its assets held in gold and silver bullion. At October 31, 2006, 98.2% of Central Fund's net assets consisted of unencumbered, segregated, insured, passive holdings of gold and silver bullion. Central Fund is required to maintain a minimum of 90% of its net assets in gold and silver bullion, of which at least 85% must be in physical form. On October 31, 2006, 98.2% of Central Fund's net assets were invested in gold and silver bullion. Of this bullion, 99.2% was in physical form and 0.8% was in certificate form

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Avatar TMFSinchiruna (95.41) Submitted: 11/30/07 5:30 PM

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By far the best vehicle out there for holding bullion! CEF is by far my biggest holding and will be right through this commodities bull market (at least 3 more years). You found a gem in CEF, and while its gains may not be as impressive as some metals mining stocks, there is no safer place for your money in my opinion.

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