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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (7431)8/27/1999 7:41:00 AM
From: sea_urchin  Read Replies (1) | Respond to of 82273
 
Bob : There will always be objections (as with the DJIA)--- too much of this, too little of that, too heavily weighted in favor of expensive shares, changes based on price differences and not on percentages etc. Looks, to me, like making an index is a labor of unrequited love.

I feel the various indices tell a very similar story: eg TSE is very similar in form to XAU. Although the absolute price changes may not be identical I am sure they are close enough. chart.canada-stockwatch.com
iqc.com

SAf gold index has been screwed up because of the changes in the industry so it will take years before it means anything. Even Anglogold is not what is was --- VaalReefs.

What I am trying to say is that if an investor/trader can read one index well, he can read all. Accordingly I don't think it is necessary to re-invent the wheel just because one maintains that one's new wheel is more round than someone else's.



To: goldsheet who wrote (7431)8/30/1999 12:18:00 AM
From: long-gone  Read Replies (1) | Respond to of 82273
 
<<The XAU has its problems, so I was playing around today trying to create a new index. goldsheet.simplenet.com I started out with market cap, then made adjustments for production and reserves, which gave Australian shares a little boost in weighting, and RSA share's a bigger weighting boost.>>

may I be so bold as to suggest an addition to your fine list: BGO.
rh