Central Fund of Canada Limited, an investment holding company, invests in gold and silver bullion primarily in bar form. As of October 31, 2005, the company's gold holdings were 614,242 fine oz. of physical bullion and 5,349 fine oz. of gold bullion certificates; and silver holdings were 30,728,142 oz. of physical bullion and 245,572 oz. of silver bullion certificates. Central Fund of Canada was founded in 1961 and is headquartered in Calgary, Canada.
I believe that both gold and silver will go to newer highs from here as oil prices continue to rise.
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