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GAMCO Global Gold, Natural Reso Message Board

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  • noquit4me noquit4me Apr 6, 2009 12:43 PM Flag

    The future of GGN

    Also, this GGN fund is selling at a big premium. Personally, I am hoping the NAV and Market Price get closer together - then I'll probably buy more. Make sense? Maybe someone else can comment. Thanks

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    • This sells at a premium because gold stocks aren't perfectly correlated to their underlying GGN earns income from writing covered calls, among other strategies. Buy under $14 and hold while collecting a nice income stream. Either the inflation pessimists are all washed up or they're not! I don't care. I like the PBR and other natural resources scattered in the holdings. I've been accumulating since $12.

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