Central Fund of Canada (CEF)

[Tommy]

$CEF - The SPDR Gold Trust Vs. The Central Gold Trust

http://seekingalpha.com/article/1359331-the-spdr-gold-trust-vs-the-central-gold-trust?source=email_rt_article_readmore

... "Conclusion

It is clear that the Central Gold Trust and the SPDR Gold Trust offer different ways for investors to own and trade gold. Generally, investors who are categorized by the following criteria should purchase the SPDR Gold Trust:

Investors who take a shorter term time horizon
Investors with a trading mentality
Investors who wish to hedge their positions
Investors who are less concerned with actual gold ownership and more concerned with exposure to the gold price

Investors who meet the following criteria should purchase the Central Gold Trust:

Investors with a longer term time horizon
Investors with a buy and hold mentality
Investors who are more concerned with physical gold ownership and less concerned with exposure to the price of gold
Investors who do not mind holding a small position in financial instruments priced in Canadian Dollars
Investors who are skeptical of the integrity of banking institutions such as the Bank of New York Mellon or HSBC" ...