Wed August 31 2022 2 00 PM CST
I was a bit early but we are now at a classic buy point for gold and silver. One can monitor that by observing if Sprott or CEF is at a big discount to the Net Asset Value of the actual fund, both are. '
Sprott
1.96% ddiscount to the actual gold the fund holds indicates most think we are headed for lower prices, Probably not.
Central Fund allso holds actual physical gold and silver. It was created as an alternate real money fund. It is trading at a minues 3.06 % discount to the underlying value, so one is buying at a discount to real gold and silver.
http://centralfund.com/Nav%20Form.htm
CEF has dropped just under its 200 week MA. The old highs of 202 are probably new support now. This could be a important low for several years to come as the bear market in stocks deepens and bankers attempt to install a digital currency.
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