I have been buying EXG since November 2011 and reinvesting dividends. To date I have made $46,678 in direct investment for 5450 shares and with reinvestment now have 6076 shares. Given current value I have a 23% return on invested capital (not counting, of course, for time value of money or reinvestment costs). Seems like a pretty good deal to me since I am buy at about a 12-14% discount of NAV to market price. EV takes a little too much off the top but all in all I am pretty happy with the results. These purchases are in my IRA or 401K Rollover or my wife's Roth. Any thoughts?
Our EXG holdings are all in tax deferred accounts. I don't see how this administration, however idiotic they are with the concept of investments, risks and return of capital can do much damage to these kinds of accounts. Now the Fed, when it needs to start to unwind, that is another situation. I am somewhat protecting that flank with substantial real estate holdings. And about 7 percent of our stock portfolio is in GLD but who knows where that gold will actually be if the s**t hits the fan and we turn into Zimbabwe. Cheers!