ASA
Anybody follow this company
it’s a closed end Gold Stock Fund
Holds Mid Cap Golds
It is up 3% today with all other gold indices down
How can this be explained when all of its components are down ?
Anybody follow this company
it’s a closed end Gold Stock Fund
Holds Mid Cap Golds
It is up 3% today with all other gold indices down
How can this be explained when all of its components are down ?
retail money buying into ASA that still has a large discount to NAV of 10%
its a “closed end” fund and can sell at a discount or premium to NAV
Ah…thanks guys
it’s been a great performer
Use to follow in 70’s,80’s, etc. Guessing most holdings still South African miners?
CEF, a gold and silver closed end bullion fund has similar price movements out of sync with the underlying bullion prices.