Gold: Wealthy Investors Want Bars, Not Paper [View article]
I can't afford gold bars and I am not stupid enough to invest in paper gold (GLD) or silver (SLV) so I bought into Central Fund of Canada Limited. It is independently audited twice a year to ensure that it holds aroun 95% of its worth in physical gold and silver.
Better yet, I buy it on the Canadian exchange so my money stays in Canadian dollars rather than the soon-to-be-worthless US dollars. Central Fund of Canada Limited(Public, TSE:CEF.A)
However, if you insist upon buying it on a US exchange: Central Fund of Canada Limited (USA)(Public, AMEX:CEF)
-
I can't afford gold bars and I am not stupid enough to invest in paper gold (GLD) or silver (SLV) so I bought into Central Fund of Canada Limited. It is independently audited twice a year to ensure that it holds aroun 95% of its worth in physical gold and silver.
Jan 11 22:18 pm
|Rating:
+4
0
All Comments by digitaldorobo »Gold: Wealthy Investors Want Bars, Not Paper [View article]
Better yet, I buy it on the Canadian exchange so my money stays in Canadian dollars rather than the soon-to-be-worthless US dollars.
Central Fund of Canada Limited(Public, TSE:CEF.A)
However, if you insist upon buying it on a US exchange: Central Fund of Canada Limited (USA)(Public, AMEX:CEF)
Check it out on Yahoo: finance.google.ca/fina...
Good luck all. Batten down the hatches...