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Note 2 - Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
Schedule of Stockholders Equity [Table Text Block]
     

Balance at
December 31, 2013

   

ASU 2013-08

Transition

Adjustment

   

Balance at
January 1, 2014

 
 

Redeemable capital Shares

  $ 6,271,029     $ (6,271,029 )   $  
 

Shareholders’ equity

          6,271,029       6,271,029  
Activity in Gold Buillion [Table Text Block]
   

Ounces

   

Average
Cost

   

Fair
Value

   

Net Realized
Gain (Loss)

 

Beginning balance

    5,220.5     $ 6,272,422     $ 6,272,422     $  

Gold bullion contributed

    155.2       202,435       202,435        

Gold bullion distributed

    (61.1 )     (73,501 )     (77,329 )     3,828  

Gold bullion sold

    (3.2 )     (3,833 )     (4,067 )     234  

Net realized gain on gold bullion

                4,062        

Net change in unrealized appreciation/depreciation on investment in gold bullion

                463,444        

Ending balance

    5,311.4     $ 6,397,523     $ 6,860,967     $ 4,062  
   

Ounces

   

Average
Cost

   

Fair
Value

   

Realized
Gain (Loss)

 

Beginning balance

    6,999.9     $ 9,315,055     $ 11,647,783     $  

Gold bullion contributed

    614.6       928,370       928,370        

Gold bullion distributed

    (2,378.2 )     (3,199,151 )     (3,341,845 )     142,694  

Gold bullion sold

    (15.8 )     (21,261 )     (22,834 )     1,573  

Adjustment to gold bullion inventory(a)

          (750,591 )            

Adjustment for realized gain on gold bullion

                144,267        

Adjustment for unrealized loss on gold bullion

                (3,083,319 )      

Ending balance

    5,220.5     $ 6,272,422     $ 6,272,422     $ 144,267  
Schedule of Capital Units [Table Text Block]
   

Three Months Ended
March 31, 2014

 
   

Shares

   

Amount

 

Shares issued

    16,000     $ 202,435  

Shares redeemed

    (6,300 )     (77,329 )

Net increase

    9,700     $ 125,106  
Temporary Equity [Table Text Block]
   

Year Ended
December 31, 2013

 
   

Shares

   

Amount

 

Beginning balance

    719,550     $ 11,645,298  

Shares issued

    63,250       928,370  

Shares redeemed

    (244,800 )     (3,341,845 )

Redemption value adjustment

          (2,960,794 )

Ending balance

    538,000     $ 6,271,029