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CEF - Weakness In CEF Should Be Met With Open Arms
Sprott Physical Gold and Silver Trust Units
In my coverage of the Sprott Physical Gold and Silver Trust (CEF) back in May, I shared various supporting ideas that justified the fund as a buy. The central thesis was, as a bullion-backed fund, CEF would move up naturally purely because of a bull move in the precious metals. It has been just under four months since that article was published and metal has rallied hard. As expected, CEF has been a beneficiary of that run. With the extreme nature of the price rises in gold and silver in the last few