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To: mishedlo who wrote (268776)11/25/2003 6:58:41 PM
From: Haim R. Branisteanu  Respond to of 436258
 
mish regular futures require physical deliver at expiry. Gold_TraKrs are settle for cash not physical gold



To: mishedlo who wrote (268776)11/25/2003 8:18:53 PM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
Mish, It wouldn't download. I'll give it a shot tomorrow on the faster machine at work.



To: mishedlo who wrote (268776)11/26/2003 9:05:30 AM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
Mish, they are going to securitize gold futures so they can be used in IRAs and by brokers too lazy to fill out futures forms for their clients or not bright enough to pass the Series 3 exam. I actually fit into the first of those categories, but the forms are so damned long. <G> It sounds like they are a total ripoff out of the box, when they wring 3% PLUS the regular commissions and fees. But after that, they could be interesting. I will look at them for my retirement accounts that can't do futures.