The Duck

John Embry: Gold and Silver Are the Ultimate Insurance Policy

Central is listed on the NYSE Alternext - Symbol CEF and the Toronto Stock Exchange - Symbols: Cdn. $ CEF.A and U.S. $ CEF.U
I debated whether to buy CEF.A on the Toronto exchange denominated in $CAD's or buy the NYSE $USD version. Since gold is valued in $USD worldwide, you would gain zero from a Canadian dollar appreciation since the CEF.A price always reflects the current conversion rate.
Also,your $USD's would incur a currency conversion charge when you buy CEF.A and again when you sell. The commission on the the Toronto exchange may be higher.
I think that there is a little too much cooperation between Canada and the US for you to hide there.
If you're really concerned about confiscation (again), buy physical gold.
Since the fund is about 40% silver and 60% gold, you might want to make a bet on Toronto. If you do, consider opening a Canadian brokerage account to minimize the currency conversions. Evaluating the alternatives made my head hurt. So, I just took the easy way out. Good luck.

On Mar 11 09:16 AM yellowhoard wrote:

> I'm guessing that CEF is an ADR. If this is the case, would not the
> shares held here be vulnerable to a government confiscation?