Central Fund Canada Poised to Grow (CEF)

| About: Central Fund (CEF)

Metals moved higher with silver really leading the way. CEF (Central Fund Canada) has both a holding in silver and gold bullion so adding it to our gold holdings gives us an unleveraged addition of gold with silver.

On long-term charts CEF is overbought; however, it just successfully tested its support level and may be poised to make another assault on its previous high.