Gold Pays Dividends!
Wow! Gold really does pay dividends. Well, almost. On November 13, 2006, the Central Fund of Canada (CEF) paid a small dividend which makes this investment even better. Of course, you will recall that the fund invests in gold bullion.
Gold is still bouncing around. It is trading between about 620 and 631. For early appearances, it is attempting to establish a resistance level at about 620. It has bounced off of that or just below it several times and is now at 621.40. The mining stocks have taken some hits today with DROOY trading less than 1.20 at times, and now at 1.19. I may have to add to my holdings.
Dollar has picked up a bit of steam, but is still very fragile.
Best to each, Doug
Gold is still bouncing around. It is trading between about 620 and 631. For early appearances, it is attempting to establish a resistance level at about 620. It has bounced off of that or just below it several times and is now at 621.40. The mining stocks have taken some hits today with DROOY trading less than 1.20 at times, and now at 1.19. I may have to add to my holdings.
Dollar has picked up a bit of steam, but is still very fragile.
Best to each, Doug
posted by Doug @ 11:52 AM
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