..and why would anyone want to sell their PHYS given that there is no difference whatsoever between it and GTU for tax or other purposes (besides redemption option, that is useless for most and doesn't affect US taxes) I sold just because I do not want to have anything to do with Sprott because of ...

This is my personal commentary 2015 year end review and commentary Long term Bonds had a negative year -1.8% Gold also had a negative year down -10.7 % Total Stock Market up .4% US Dollar index up 8.96% Total portfolio decreased by 2.9 % My take and why I call it a Golden Year In our portfolio our c...

I found them online some time ago.  It made sense, in that the Hugh Wood insurance doesn't care whether you have your coins in a safe deposit box or sitting in a bowl in your living room, but obviously there is a big difference in risk between the two - and your insurance costs should reflect that....

dualstow wrote: Did you end up going with them, Steve?

I did, makes it easier to sleep    https://safedepositboxinsurance.com/

I sold my GTU to for a tax loss harvest, I was happy with GTU before Sprott got into the picture.  If I want online gold that I can convert to physical I will buy OUNZ http://www.merkgold.com/overview.html      or if I want to hold a gold ETF it will be either GLD or IAU.  IAU has lower exp...

I start to watch my portfolio when I reach the 20/30 bands, as it gets closer to the 15/35 bands I look for opportunities like tax loss harvesting etc. I usually re-balance as it gets closer to the 15/35 but before it reaches it.  I enjoy re-balancing because then I can relax and go a long time with...

has anyone had any experience with https://safedepositboxinsurance.com/

I held GTU for years and was quite happy until Sprott got into the picture. Discounts and premiums never bothered me because I follow the PP and it only benefited me. Not long ago I sold all my GTU for tax loss harvest purposes and picked up more physical bullion to add to my core gold and switched ...

I capitulated, I sold all my GTU that was held in taxable account to take advantage of a tax loss harvest, I bought IAU which has a low expense ratio. With Sprott extending the offer another time I thought this was a good time to get out. GTU expenses have been going up because of the Sprott hostile...

I would sell, too, except that I'd be selling at a big loss. Can't wait to dump all my paper gold shares when they break even, no matter who's at the helm. Selling at a loss is not always a bad thing if you can do a tax loss harvest. I also like to have real bullion which I call my core gold, but I...

I have been a long term GTU holder and hope that Sprott gives up, this attack is costing GTU unit holders additional expenses and are hampering with the smooth operation. It makes no sense to me for any long term GTU holder to agree and exchange to Sprott where they will pay more in expenses and hav...

Any opinions on ounz ?
http://www.merkgold.com/overview.html

Here's an interesting detail from the latest salvo from the GTU trustees in this battle, from http://archive.fast-edgar.com//20150616/A7AZP22C8Z2269ZK229E2ZZZG3EJZ2W2ZB72/: "Sprott has required that any GoldTrust Unitholder that wishes to tender to the Sprott Offer on a tax-deferred basis must...

I am in full agreement with the trustees of Central Gold Trust, even before they came out and gave the opinion not to tender, I had the same opinion, I'm in this for the long run. The only reason there is a discount to nav is because people who should not have bought it or bought for the wrong reaso...

Central GoldTrust Files Trustees' Circular and Recommends That Unitholders REJECT the Sprott Offer, TAKE NO ACTION and DO NOT TENDER Their Units to the Sprott Offer "After a thorough review of the Sprott Offer, and following the receipt of advice from its financial, tax and legal advisors, and ...

The Board of directors at GTU recommends that unit holders do nothing until they properly evaluate the offer. Which they will, after that, act in what you think is in your best interest.  For me personally I see no long term advantage to Sprott only disadvantages. 

I spoke with a Sprott representative earlier today and he could not give me one concrete reason that a take over would benefit me in the long run. We had a lengthily conversation as he wanted to know all my objections. I explained how I liked the lower expense, the fact that it trades at a big disco...

Central GoldTrust Unitholders Overwhelmingly Reject Polar's Self-Serving Proposals and Elect All of Central GoldTrust's Nominees to the Board http://www.streetinsider.com/Press+Releases/Central+GoldTrust+Unitholders+Overwhelmingly+Reject+Polars+Self-Serving+Proposals+and+Elect+All+of+Central+GoldTru...

Central GoldTrust to Evaluate Sprott Offer And Sets The Record Straight

http://money.cnn.com/news/newsfeeds/art ... 190414.htm

I follow this blog linked below and there was a great write up of the events taking place, even though his view's differ from a lot of us here, but his views seem to be actually facts. A lot us think that we don't want the "takeover" since it can increase taxes and only benefits Polar.   ...

I've voted against Polar too. Their case sounds reasonable the way they state it, but I have difficulty trusting an entity that swoops in, buys a huge chunk of units, then stages a hostile takeover in an attempt to change the fundamental nature of the fund to their advantage. If their resolution pa...

dualstow wrote: I hold GTU in three accounts, so I guess I get three votes. Against Polar. Thanks to Steve and others for stating your case.

Every single GTU unit you have represent a vote

These are all good reasons to own and control your own bullion, I like GTU the way it is and hope for no change, I liked it for a portion of gold holding because of convenience, the tax advantages and the way it always worked great for the PP.

      PHYS is a closed-end fund like GTU.  Why does PHYS allow physical redemption and GTU doesn't? Each fund has a different structure  and objective to accommodate  different types of investors. Central Gold Trust (GTU) has objectives that work perfect for PP strategy     At current gold prices, G...

my email question tor polar contact@shorecrestgroup.com I am a holder of gtu units, when I purchased units I did it with the full knowledge that it trades at a premium or discount depending on market sentiment  . This has always worked very well for me, I purchase at discount when gold is out of fav...