"The purchase price of U.S.$10.40 per Class A Share was non-dilutive and accretive for the existing shareholders of Central Fund. The additional net proceeds have been committed to purchase gold and silver bullion for settlement at closing, in keeping with the asset allocation"
More physical to be taken off the market. I trust CEF. I trust the TEF's to be sources of physical for the CRIEX criminals to double book. Can read it ealily in the Gold ETFs. Haven't bothered to get into the detail of the silver ETF's. With the explosion of gold and silver going to the ETF's it is a wonder that reported investment demand doesn't seem to grow in an amount that seems to reflect that. International ETF growth and CRIMEX registered shrinkage in the last year, to me, should be accompanied by a significant increase in reported investment demand. Ain't seen it yet. ??
http://biz.yahoo.com/iw/090127/04691...