Note 2 - Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2015

Accounting Policies [Abstract]

Activity in Gold Buillion [Table Text Block]

Three Months Ended September 30, 2015	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,394.6		$	6,521,548		$	6,317,125		$	—
Gold bullion contributed		88.9			101,982			101,982			—
Gold bullion distributed		(315.0	)		(380,733	)		(347,653	)		(33,080	)
Gold bullion sold to pay expenses		(3.4	)		(4,085	)		(3,829	)		(256	)
Net realized loss		—			—			(33,336	)		—
Net change in unrealized appreciation/depreciation		—			—			(280,316	)		—
Ending balance		5,165.1		$	6,238,712		$	5,753,973		$	(33,336	)

Three Months Ended September 30, 2014	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,297.3		$	6,387,552		$	6,965,884		$	—
Gold bullion contributed		69.8			91,225			91,225			—
Gold bullion distributed		(141.4	)		(170,668	)		(176,498	)		5,830
Gold bullion sold to pay expenses		(3.4	)		(4,028	)		(4,321	)		293
Net realized gain		—			—			6,123			—
Net change in unrealized appreciation/depreciation		—			—			(529,525	)		—
Ending balance		5,222.3		$	6,304,081		$	6,352,888		$	6,123

Nine Months Ended September 30, 2015	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,182.2		$	6,254,868		$	6,214,710		$	—
Gold bullion contributed		516.5			628,701			628,701			—
Gold bullion distributed		(523.5	)		(632,764	)		(599,348	)		(33,416	)
Gold bullion sold to pay expenses		(10.1	)		(12,093	)		(11,810	)		(283	)
Net realized loss		—			—			(33,699	)		—
Net change in unrealized appreciation/depreciation		—			—			(444,581	)		—
Ending balance		5,165.1		$	6,238,712		$	5,753,973		$	(33,699	)

Nine Months Ended September 30, 2014	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,220.5		$	6,272,422		$	6,272,422		$	—
Gold bullion contributed		298.6			389,402			389,402			—
Gold bullion distributed		(286.8	)		(345,740	)		(360,752	)		15,012
Gold bullion sold to pay expenses		(10.0	)		(12,003	)		(12,752	)		749
Net realized gain		—			—			15,761			—
Net change in unrealized appreciation/depreciation		—			—			48,807			—
Ending balance		5,222.3		$	6,304,081		$	6,352,888		$	15,761