The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: orkrious who wrote (26994)	2/22/2005 8:01:42 PM
From: ild	Read Replies (2) of 110194

<<<they buy futs until the can settle for the real thing>>> You mean they buy futures? No they don't deal in futures, it works differently. streettracksgoldshares.com Read page 50. The Trust will create and redeem Shares from time to time, but only in one or more Baskets (a Basket equals a block of 100,000 Shares). The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined NAV of the number of Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received. As I understand they accept cash only because they may have some gold for sale to cover expenses. BWT, GLD holdings increased today by 149,841 oz streettracksgoldshares.com EDIT: Here's 10-Q. I don't see any problem. streettracksgoldshares.com EDIT 2. IMO those at Le Metropole just often create bad publicity for gold as investment

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next