Jason Hamlin

Will COMEX Default on Gold and Silver?

Central Gold Trust (GTU) and Central Fund of Canada (CEF) hold physical gold and silver in allocated vaults. Unlike GLD and SLV, it is audited and they do not lease it out to be shorted. Furthermore, these funds outperform GLD and SLV, so I don't understand why anyone would hold them (unless they are unaware of GTU/CEF).