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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (72077)	6/21/2001 8:31:11 AM
From: lorne	Read Replies (2) \| Respond to of 116796

A moment in the Sun Leading gold fund manager Sterling discusses rebound Q. Many people are under the false impression they are buying gold when they invest in a gold fund. Can you describe the investments in a typical gold portfolio? Some people do think the fund actually invests in bullion, although very few people actually do. Some funds might buy bullion or some other form of index-linked notes linked to bullion, but that's a pretty small part of the fund -- probably less than 10 percent in most cases. We don't own any bullion. Most of the funds would be all in equity shares of gold-mining companies and perhaps some other precious metals companies like platinum or palladium. full story >>> marketwatch.com