Central Gold Trust. . . A Little Less Volatility

Deliberations on World Markets
Central Gold Trust is . . .about $160 to $170 million now. It trades on the AMEX, and it tends to carry a smaller premium. It is invested only in gold, so it has a little less volatility. I like to point out that it also has less liquidity, which on down days in the gold market could be quite attractive, in the context where you put a bushel basket under the specialist, under the market, and hope to catch some on a down day. (3/4/08)

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