Investors Willing To Pay 31% Premium To NAV For Sprott's Physical Gold ETF In Strike Over Global Fia

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Investors Willing To Pay 31% Premium To NAV For Sprott's Physical Gold ETF In Strike Over Global Fia

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ThePythonicCow

iTulip High Commissioner

Join Date: Sep 2008

Posts: 5971

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#16

May 11, 2010, 06:22 PM

Re: Investors Willing To Pay 31% Premium To NAV For Sprott's Physical Gold ETF In Strike Over Global

Originally posted by ThePythonicCow View Post

I hope CEF is ok. For now at least, I trust CEF, GTU, ...

That doesn't mean CEF/GTU are ok. Not only do you have to trust them, you also have to trust your stock broker and DTCC, the clearing house that likely holds your certificates. The day might not be far off when I cease trusting DTCC.

Most folks are good; a few aren't.

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