Sprott Physical GoldCEF.TOCOMMENTAug 13, 2019Stock price when the opinion was issued
As of May 29, 2026. Market Open.
An ETF that owns physical gold bullion Everyone else uses GLD, but he uses CEF. He sees gold as the cash component in a portfolio, and not as a speculation. Banks see gold as cash, too. The problem with GLD, will he be able to access it? He doesn't know. You need at least $150,000 to take it, and this figure keeps rising.
Gold? Gold prices have not yet reached their peak. CEF-T is one way to play it, as this ETF holds physical gold. She would prefer holding an actually producer like FNV-T that takes royalties off existing mines.