Thu, Sep 18, 2014, 12:29 PM EDT - U.S. Markets close in 3 hrs 31 mins


% | $
Quotes you view appear here for quick access.

Central Fund of Canada Limited (CEF) Message Board

  • bullion_funds_for_suckers bullion_funds_for_suckers Dec 12, 2012 2:43 PM Flag

    bullion funds proving to be terrible investments in 2012 and net returns will be negative


    You can not deny that these bullion funds are one of the worst investments this year --- and no surprise since gold and silver have lost any flight to safety features. It's next to impossible to rationalize owning gold or silver today since they failed so badly to provide defense against troubles in the financial and currency markets. In fact, the bullion funds not only failed to defend the gold or silver owners net worth, but very obviously brought about a sharp reduction in the gold or silver owner's net worth in 2012.

    I doubt things will be any better in 2013, I expect even worse things for these truly awful bullion funds.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • CEF is up 13.15% year to date ($19.61 to $22.19)! Hardly what I would call "the worst investments this year". In truth, precious metals has been singularly the best investment of the last twelve (12) years.

      Sir, you do not seem to be the brightest bulb on the Christmas Tree.

      Sentiment: Strong Buy

12.94-0.020(-0.15%)12:28 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.