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$12.37 0.25 (2.04%)
5/16/2008 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 pictouse (57.81) Submitted: 5/06/08 3:19 PM : Outperform Start Price: $12.29 CEF Score: 0.10

Central Fund of Canada is a closed-end fund that holds actual gold and silver bullion. They have existed since the mid-1960's. Not only is this an investment in physical metal, but it is a play on the Canadian dollar. Unlike the other ETFs (GLD for example), CEF does not lease out its bullion, and there is no "paper gold", which can be manipulated downward.

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Avatar UCLAgrdstnt (29.29) Submitted: 5/07/08 3:05 PM

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They do have gold certificates but Im not sure I assume this isn't what you mean by paper gold,,,

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