Hi Pat: What do you think of Central Fund of Canada? I’m told they hold actual bullion to back investments. What do you think of iShares CDN Gold Sector Index Fund for a basket of gold mining stocks?

Central Fund of Canada, $14.21, symbol CEF.A on Toronto (Shares outstanding: 213.0 million; Market cap: $3.0 billion) is a closed-end mutual fund that holds gold and silver bullion. It now holds 56.7% of its assets in gold bullion, 40.5% in silver bullion and 2.8% in… Read More