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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (50548)	2/5/2004 4:38:10 PM
From: PuddleGlum	Respond to of 57110

Thanks, Auggie. That will do most excellently. My first car was a '66 Cutlass, which satisfied my need for speed quite well. Nearly had a blowout at 100 mph one time, however. I pulled over to the side of the road to make a hairpin turn after my little gallop and I heard a hiss, then noticed that the left rear of my car was slowly sinking.

To: AugustWest who wrote (50548)	2/6/2004 9:17:43 AM
From: AugustWest	Read Replies (2) \| Respond to of 57110

--+-+-+---NaZdRaG--2-6-4--+-+-+-- (previous close 2019) 1992 AW

To: AugustWest who wrote (50548)	2/9/2004 11:54:50 PM
From: Techplayer	Read Replies (1) \| Respond to of 57110

Hi AW, What do you think of the gold ETF being launched? One article that I read today claimed that if it is as popular as one launched in australia, 3.2 million ounces of AU will be absorbed by the market... Barclay's to launch gold bullion ETF 2/7/2004 4:35 PM NEW YORK (CBS.MW) - San Francisco-based indexing giant Barclays Global Investors filed with the SEC Friday to launch a new exchange traded fund for gold investors, to be called iShares COMEX Gold Trust. Pending regulatory approval, the ETF will be listed and traded on the American Stock Exchange under the symbol IAU, according to the filing. "The objective of the trust is for the value of the iShares to reflect, at any given time, the price of gold owned by the trust at that time, less the trust's expenses and liabilities, " the company said in its filing. COMEX is the exchange market on gold futures contracts operated by Commodity Exchange, Inc., a subsidiary of New York Mercantile Exchange, Inc. Equity Gold Trust has already filed to launch a new U.S. gold-bullion based ETF that, if approved, will trade under the ticker symbol GLD on the New York Stock Exchange, with the World Gold Council as sponsor and the Bank of New York as trustee. According to the filing, a share would represent one tenth of an ounce of physical gold. In 2003 the first gold ETF, Gold Bullion Securities, began trading on the Australian Stock Exchange, it also now trades on the London Stock Exchange. Historically, gold has been one of the most inconvenient asset classes for an average investor to access, due to the high costs associated with purchasing, transporting, and safely storing it - although open-end mutual funds that invest in gold mining stocks do exist.