Central Fund of Canada Limited (USA) (NYSEMKT:CEF)

CAPS Rating: 3 out of 5

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.

Recs

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Player Avatar ross812 (49.15) Submitted: 1/8/2010 1:39:37 PM : Outperform Start Price: $14.57 CEF Score: -36.82

This is my precious metals play. This closed ended fund actually holds gold and silver instead of mining companies or intangible notes. Storring money in CEF can be thought of as buying gold bars. With inflation looming I am long gold.

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