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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Ahda who wrote (18352)5/23/2003 2:12:35 AM
From: Jamey  Read Replies (2) of 81957
 
Wait til this security hits the New York Exchange. No storage, insurance or shipping costs. The market will go for it big! Watch the Gold price when this baby starts trading. Plenty of action, I bet. Each contract will buy you 1/10 oz of gold in Bank of London and will trade based on POG. Example: $370= $37.50 a contract. (or share)

SAN FRANCISCO (CBS.MW) - Here are comments from the investors who follow Thom Calandra's StockWatch, and some answers where appropriate:

Donn Canzano, a certified financial planner, is excited about the new gold exchange-traded fund headed for the New York Stock Exchange. (See: New gold paper to boost demand for metal.) "You may be missing the potential big reason why this is likely to be a big winner," Canzano says about the proposed fund from the World Gold Council. "Stock brokers will finally have a way to make commissions on gold. This is an easy sell in a market with very few compelling stories to drum up commissions."

Santiago
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