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 DarthMaul09 (29.78) Submitted: 7/31/2012 4:36:10 PM : Outperform Start Price: $20.10 CEF Score: -67.65

Balanced play between gold and silver. Unlike SLV and GLD, this fund has a better reputation for holding the actual bullion, which may become relevant as bullion shortages become more apparent. With Asian gold buying and Sprott's upcoming silver purchases I would expect that demand may increase, especially if central banks continue to expand the money supply.

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