Value Microcaps Junior Miners

[dr_airtime]

OT from Miners: Central Fund selling at 6% discount to NAV

If you were looking to add exposure to PM bullion at these levels I just noted that Central Fund (CEF.A.TO and CEF-NYSE) is selling at a 6% discount to NAV. 60/40 Gold and Silver bullion 100% backed. Why buy coins?

I've held it mostly up to 2011 and in 2011 is traded up to a 15% premium over NAV at some points due to Silver demand.

Think I sold all of mine at $45 silver at 10% premium becuase fund went from current 60/40 gold silver allocation to 30/70 from Silver spike.

There are also the much smaller MC (and much lower volume) central gold and central silver trusts. I would prefer they take all three of these funds and just make one big gold and one big silver fund so you can hold seperately and take advantage ot trading volatility in silver without having to sell your gold.

Going quiet for today!