Central Gold-Trust (GTU)

cigamarc (91.79) Submitted: 11/1/2009 8:15:46 PM : Start Price: $41.23 GTU Score: +4.22

Candian trust holds gold bullion in Canada.

mm20001 (99.70) Submitted: 5/20/2009 1:41:49 PM : Start Price: $37.28 GTU Score: +0.37

The premium to NAV went from 30%+ down to 5% in a matter of weeks. As mustbepatient points out this may indicate a reasonable entry point. See details here:

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=176460&t=01003227503870423122

bridgeboy0 (99.97) Submitted: 4/4/2009 5:31:27 PM : Start Price: $44.94 GTU Score: -61.81

When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.

The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.

You can blame TMFBreakerDave for me adding pitches to so many of my picks.

Survivn2 (62.70) Submitted: 3/17/2009 9:56:39 PM : Start Price: $42.25 GTU Score: -36.97

The feds keep printing money, I'm betting on inflation, therefore...gold to hedge.

Doomaise (87.69) Submitted: 2/2/2009 4:31:33 PM : Start Price: $35.85 GTU Score: -8.46

The dollar crisis is coming....not now, but it's coming.

ollinBfreely (< 20) Submitted: 12/25/2008 1:57:26 PM : Start Price: $40.04 GTU Score: -15.34

TMFSinchiruna (98.04) Submitted: 11/18/2008 5:38:54 PM : Start Price: $27.90 GTU Score: +71.29

It was another CAPS player who first brought my attention to Central Gold-Trust. Looking back, I see it was marcd77.
http://caps.fool.com/Pitch/GLD/1898711/gold-is-going-through-1650-in-.aspx
Many CAPS members may be more familiar with Central Fund of Canada (CEF), which is essentially the same thing but with equal parts gold and silver bullion:
http://caps.fool.com/Pitch/CEF/287640/cef-central-fund-of-canada-is-.aspx
Looking more closely, however, I see this closed-end fund does invest in some gold bullion certificates, even though they comprise a small percentage of overall holdings. CEF, on the other hand, invests solely in physical gold and silver bullion... no paper instruments or proxies in their vault! Those certificates currently represent 3% of GTU's holdings, though...not enough to be a major concern for me. The important thing is that they remain, as is stated in the company's profile, "unencumbered".
Here is a link to the company's net asset value page with current vault contents:
http://www.gold-trust.com/asset_value.htm

I view these two instruments as the best alternatives to holding physical bullion available on the market. GLD,IAU,SLV... these all have their flaws in my opinion which make them less desireable... not the least of which involves questions I have about the solvency of institutions involved... like Barclay's, for example.

MoneyDocSchloss (66.90) Submitted: 10/2/2008 1:14:38 PM : Start Price: $35.47 GTU Score: +27.54

Came up in a strict stock screen as one of the only results. Screened for profit margin, total debt, rev ttm, enterprise val to rev, p/e, and ROE and ROA.

Lee

DeDuecer (63.38) Submitted: 3/14/2008 1:23:57 PM : Start Price: $38.22 GTU Score: +29.87

Gold gold on the rise of the weak dollar.

NeedGoldStandard (< 20) Submitted: 3/6/2008 12:07:27 PM : Start Price: $36.70 GTU Score: +36.81

Should have been in on this a while ago...

mlbshadow (64.88) Submitted: 1/15/2008 9:21:43 AM : Start Price: $35.70 GTU Score: +45.16

Screener

jrmobb (41.38) Submitted: 1/2/2008 10:14:37 PM : Start Price: $32.50 GTU Score: +60.67

GOLD.... need i say more