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  1. #1
    Join Date
    Mar 2008
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    USSA
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    Default Re: Catching a gold basher - Eric Janszen

    Quote Originally Posted by jk View Post
    fyi investment vehicles.

    cef and gtu are canada-based closed end mutual funds which invest in gold and silver [cef] or just gold [gtu] in physical [bullion] form, and which periodically are audited. by virtue of being closed end funds, and not etf's, they ARE eligible for capital gains treatment. in part because of this advantage, they trade at a premium to their asset value. the premium tends to shrink when gold sells off, so that is the time to purchase if you wish to purchase. you can monitor their premium at etfconnect.com.

    this has been a public service announcement
    Thank you for that announcement. I just bought more CEF yesterday.

  2. #2
    Join Date
    Jun 2007
    Location
    Santa Fe, NM
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    Default Re: Catching a gold basher - Eric Janszen

    It pays to grow attached to people, but never to investments. Unlike a person, assets like gold or stocks don’t care about us, and we should not care about them.
    **Applause**

    I read a lot of financial advice that doesn't seem to talk about the effects of investment and the economy on people. The human element, if you'll pardon the cliché. Most of the economic commentary that the mainstream media pushes and advertises, is written as if life -- and money -- had no other purpose than to boost your spreadsheet numbers higher and higher, and it doesn't matter how. I know that better analysis is out there, but I just don't usually see it in the mainstream media.

    Most of the financial advice that I read is typically wrong in their predictions (at least, during a useful time-frame). iTulip is typically right. I really don't think that's co-incidence. Something about seeing forests and trees, I think.

  3. #3
    Join Date
    Sep 2008
    Location
    nyc
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    1,736

    Default Re: Catching a gold basher - Eric Janszen

    Quote Originally Posted by necron99 View Post
    **Applause**

    I read a lot of financial advice that doesn't seem to talk about the effects of investment and the economy on people. The human element, if you'll pardon the cliché. Most of the economic commentary that the mainstream media pushes and advertises, is written as if life -- and money -- had no other purpose than to boost your spreadsheet numbers higher and higher, and it doesn't matter how. I know that better analysis is out there, but I just don't usually see it in the mainstream media.

    Most of the financial advice that I read is typically wrong in their predictions (at least, during a useful time-frame). iTulip is typically right. I really don't think that's co-incidence. Something about seeing forests and trees, I think.
    Funny, you have a Terminator for an avatar.

  4. #4
    Join Date
    Jul 2008
    Location
    Canada
    Posts
    3,073

    Default Re: Catching a gold basher - Eric Janszen

    Quote Originally Posted by flintlock View Post
    Thank you for that announcement. I just bought more CEF yesterday.
    flintlock, someone has been using your avatar! :eek:

    I smell desperate-out-of-work-nothing-to-lose-depression-lawsuits...

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