Note 2 - Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended June 30, 2016	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,990.5		$	7,174,407		$	7,410,267		$	—
Gold bullion contributed		820.6			1,058,873			1,058,873			—
Gold bullion distributed		(114.2	)		(137,360	)		(139,692	)		2,332
Gold bullion sold to pay expenses		(3.9	)		(4,697	)		(4,844	)		147
Net realized gain		—			—			2,479			—
Net change in unrealized appreciation/depreciation		—			—			512,649			—
Ending balance		6,693.0		$	8,091,223		$	8,839,732		$	2,479

Three Months Ended June 30, 2015	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,302.3		$	6,411,164		$	6,293,810		$	—
Gold bullion contributed		95.7			114,438			114,438			—
Gold bullion distributed		—			—			—			—
Gold bullion sold to pay expenses		(3.4	)		(4,054	)		(3,994	)		(60	)
Net realized loss		—			—			(60	)		—
Net change in unrealized appreciation/depreciation		—			—			(87,069	)		—
Ending balance		5,394.6		$	6,521,548		$	6,317,125		$	(60	)

Six Months Ended June 30, 2016	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		4,905.6		$	5,910,176		$	5,210,940		$	—
Gold bullion contributed		2,180.8			2,652,703			2,652,703			—
Gold bullion distributed		(386.3	)		(463,105	)		(472,602	)		9,497
Gold bullion sold to pay expenses		(7.1	)		(8,551	)		(8,540	)		(11	)
Net realized gain		—			—			9,486			—
Net change in unrealized appreciation/depreciation		—			—			1,447,745			—
Ending balance		6,693.0		$	8,091,223		$	8,839,732		$	9,486

Six Months Ended June 30, 2015	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,182.2		$	6,254,868		$	6,214,710		$	—
Gold bullion contributed		427.6			526,719			526,719			—
Gold bullion distributed		(208.5	)		(252,031	)		(251,695	)		(336	)
Gold bullion sold to pay expenses		(6.7	)		(8,008	)		(7,981	)		(27	)
Net realized loss		—			—			(363	)		—
Net change in unrealized appreciation/depreciation		—			—			(164,265	)		—
Ending balance		5,394.6		$	6,521,548		$	6,317,125		$	(363	)