It appears as if a move towards the 15-20% range is underway (Feb 2003 peak 26.97%), however the discount tends to disappear, once the miners are into their 'overperformance' period vs the metals. I am holding as a core position since late 2002, but added an overweight position into the December 2007 lows, which I will consider removing into the Juniors WHEN the individual charts confirm.
stubaby
ETF Connect
Central Fund of Canada (CEF)
Started by
stubaby
, Feb 24 2008 05:00 PM
1 reply to this topic
#2
lhslancers3270
-
- Traders-Talk User
- 61 posts
Member
Posted 26 February 2008 - 06:30 AM
It appears as if a move towards the 15-20% range is underway (Feb 2003 peak 26.97%), however the discount tends to disappear, once the miners are into their 'overperformance' period vs the metals. I am holding as a core position since late 2002, but added an overweight position into the December 2007 lows, which I will consider removing into the Juniors WHEN the individual charts confirm.
stubaby
ETF Connect
I imagine you would probably get a sell signal if we reach a premium in the 20's but this indicator has lost most if not all of its predictive powers due to all the new products available to pm investors/speculators.
