ASA Limited (ASA)
A closed-end investment company. They provide investors a vehicle to invest in a portfolio consisting primarily of stocks of companies conducting, as a major portion of their business, gold mining and related activities in South Africa.
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Re-posting. From my last post:
The future president of South Africa, Jacob Zuma, believes showers protect against AIDS. South African companies need to get ready for several more years of rolling blackouts as the money allotted for power grid expansion goes to the Winnie Mandela memorial soccer and necklacing fund.
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multiple technical failures
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I just don't like this stock.
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Gold and silver is a play
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Gold is going up
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Closed end fund dealing in gold and other precious metals. Good valuation and a nice dividend to boot.
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Gains from inflationary pressures.
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Value play (15%) below book, nice hedge on the dollar, and a silver/gold play.
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Growth 20%
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Gold and silver is a play on weakening dollar and global destabilization politically and economically.

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