Gold Club Asia Forums

Go Back   Gold Club Asia Forums > Gold Club Asia > Precious Metals - Gold & Silver

Reply
 
Thread Tools Display Modes
  #1  
Old 07-04-2011, 10:54 PM
ruzmidah ruzmidah is offline
Senior Member
 
Join Date: Aug 2010
Posts: 619
Default Eric Sprott's PSLV

need to ask the Gurus here...

Is there any way i can get into this trust?

I am quite a noob in trust funds and shares.
My experience is only limited by trading on SGX occassionally

Many thanks
Reply With Quote
  #2  
Old 08-04-2011, 12:52 PM
Phoenix Phoenix is offline
Senior Member
 
Join Date: Nov 2010
Posts: 456
Default online brokerage :)

You can place an order online PSLV is listed in New York Stock Exchange (NYSE). Here is the link : http://tmx.quotemedia.com/quote.php?qm_symbol=PSLV:US

Another similiar would be CEF in Toronto Exchange but they hold
both silver and gold.

I like Sprott Funds and Eric Sprott. But I am not invested in them yet.

Caution though both NAV is at all time high..... you would be buying at a premium. Below is taken from Harvey Organ blog yesterday.

Quote

And now for our physical ETF's:


The Sprott silver fund: PSLV:




the premium to NAV remains high at 16.51% (as of 6:30 pm not out yet)
The Sprott gold fund PHYS:
the premium to NAV remains at 1.73% (as of 6:30 PM not out yet)


The Central Fund of Canada which is almost equal parts gold and silver:


saw its premium rose smartly back to 3.1% in USA funds and 3.0% in Canadian funds. It has been calculated that this fund will receive 4.1 million oz of silver and approx 170,714 oz of gold. This gold and silver will thus never reach the comex much to the chagrin of the bankers. Both the Sprott funds and the Central fund of Canada make their deals with major miners which thus bypasses the normal route for these metals.

Unquote

PS Please Google for PSLV in Seeking Alpha for more research.


Cheers
Phoenix
Reply With Quote
  #3  
Old 08-04-2011, 03:41 PM
alor's Avatar
alor alor is offline
Senior Member
 
Join Date: Jan 2011
Location: Tomato Bridge
Posts: 3,305
Default

do you have POEMS ac?

if have , just link W8BEN Form and can trade the PSLV online.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +8. The time now is 08:23 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.