SI
SI
discoversearch

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 : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (1466)5/19/2003 8:48:46 AM
From: Wyätt Gwyön  Read Replies (6) | Respond to of 4905
 
Earlie,

i think there will always be some who prefer to hold physical, but there is a lot to be said for a low-expense ETF which is SIPC-insured and trades with a small spread to spot. i believe this has the potential to expand gold's market tremendously. just consider the "QQQ" brand and how valuable that has become...despite what a share of QQQ actually represents.

the past couple years it has been very painful for me to watch one of the biggest US tennis tournaments of the year under the name "Nasdaq-100 Open", with lots of options-laden CEOs blathering on about their pro-forma companies in three-quarters-profile soft-focus staged interview snippets during the commercials.

it would be great poetic justice if in 10 years time this tournament becomes the "World Gold Council Open". i'd love to see some South African CEOs rattling on about their open pits and heap-leaching in accents incomprehensible to most Americans, in soft focus pseudo-interviews set to upbeat pop. and how about replacing that Nasdaq-100 electronic billboard in Manhattan with a GLD billboard?



To: Earlie who wrote (1466)5/19/2003 10:27:58 AM
From: LLCF  Read Replies (1) | Respond to of 4905
 
I agree... but I also think any kind of confiscation gets much harder the more institutions and powers that be [stock exchanges, i-banks funds] you have on the gold train.

DAK