Sprott Physical Gold and Silver Trust (CEF)
CEF Price and Sentiment
CEF Latest news
The dollar continues to take a step back, giving way to more gains for gold, which recently hit a two-month high. The precious metal was zigzagging above and below the $1,800 price level for some time, but has been rallying as of late.
Gold and silver have been on a decline recently, so I see some relative value opening up for these assets.
Rising inflation is the talk of the town in the capital markets, and gold investors are listening closely as a dulling risk appetite could prove beneficial to the precious metal's future price gains. So far in this week's trading session, gold is still capped by that $1,800 ceiling that it can't seem to smash through [.
We expected a move lower in PSLV the last time we covered it.
Sprott Physical Gold and Silver Trust is a closed-end fund designed to help investors get their bullion allocation.
According to the GuruFocus All-in-One Screener, a Premium feature, as of June 22, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positive performances over the past 12 months.
CEF Is Still My Preferred Choice For Gold And Silver
TORONTO, April 13, 2021 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott Asset Management"), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold and Silver Trust (NYSE: CEF) (TSX: CEF) (TSX: CEF.U) (the "Trust"), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold and silver bullion, today announced that it has updated its at-the-market equity program to issue up to US$1 billion of units of the Trust (“Units”) in the United States and Canada.
CEF: Reasons To Consider This Gold And Silver Trust
Technical analysis suggests we may have "bottomed" in metals. Fundamental analysis continues to support long-term ownership of gold/silver.