UPDATE: Gold drops over 2%, settles at lowest since July
UPDATE: Gold futures settle near five-month low
UPDATE: Gold suffers biggest weekly loss in 10 weeks
UPDATE: Silver coin supplies buckle on fever-pitch retail buys
UPDATE: Copper lowest level in more than 3 months
Investing in high-premium CEFs makes no sense, especially since alternatives abound.
Premiums do not necessarily indicate that you are overpaying for exposure.
Plus, Fairholme's new fund bets big on MBIA, and more.