yes but it seems to follow gold more than energy for some reason -- selling at a discount has always been a good time to buy however so for the next year it looks like ggn has bottomed out at around 9 -- the .09 dist should stay for 2014 at least I am hoping!! Good luck to the longs on this CEF.
10.21 vs 9.84 means a nice discount and the inclination is to buy GGN because on a historical basis when it sells at a discount you can hopefully and most likely count on an increase ... I own GGN and will hold way beyond 10 a share -- as long as the value of the dollar keeps dropping gold will climb. Soon in the near future inflation will start to rise dramaticaly and then we may not only see 10 but possibly 15. I'm long and holding.
As the dollar goes lower in value gold goes higher and higher -- Obama said he would transform America and he is doing just that -- but you know what? We will survive his ideology and a Ronald Reagan type will be found to save the good old USA -- in the meantime buy gold and enjoy the ride!! Good luck!