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Silver Update from Bob Fraser

As I have been expecting we have had a massive selloff in gold and silver, but especially silver…silver might not be done correcting, but it is impossible to pick exact tops and bottoms. Time to be accumulating.

You can buy gold and silver at an 8.5% discount right now. There is a closed-end fund called the “Central Fund of Canada” with the stock symbol CEF. It is based in Canada. They are simply a vault with $5.5B in gold and silver, about 50/50. The price of the shares is 8.5% below the value of the silver and gold in its vault. You can see it here: http://www.centralfund.com/Nav%20Form.htm. This adds a great margin of safety!

  • Peter Van Hierden

    I am trying to find info on the upcominig conferences, Time it starts and time it finishes etc.

    Can someone please contact me becauase I need to make travel arrangements 1

    • http://josephinternational.wordpress.com josephinternational

      Please call our office for more information
      888.418.6542

      We’d be happy to answer any of your questions.

  • Patrick Regan

    I’m looking at your post for “The time is now for buying silver…..” on Saturday, May 7th. I went to the CEF website and it is showing a premium discount of 2.6%. Has the 8% discount expired, or am I reading this wrong?
    Thanks for all you do!

    Blessings,
    Patrick

  • http://josephinternational.wordpress.com josephinternational

    Yes, it was only that low for one day.

  • http://josephinternational.wordpress.com josephinternational

    Yes, you are correct. it was only that low for one day