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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Drbob512 who wrote (87436)	9/3/2004 4:02:56 AM
From: $Mogul	Respond to of 100058

Thanks Dr. Bob, I just love what I do and try to tell it like I see it. So much snake oil bs on the sell side that it makes me disgusted. I know there BS sales motivations. For the real buy side guys there is not a forum and that is because everything is propriatery, for obvious reasons. I thought this was and interesting comment. I think he should of chimed in at the RNC tonight, but they would of just denied it..lol "Intel isn't living up to expectations because the global economy appears to be losing steam, said Andy Bryant, Intel's chief financial officer. "What we are seeing is pretty uniform around the world," Bryant told analysts during a Thursday conference call". biz.yahoo.com

To: Drbob512 who wrote (87436)	9/3/2004 4:10:10 AM
From: $Mogul	Read Replies (1) \| Respond to of 100058

Interesting, only way you can do this now is with the .GLD TRKR but it is only avail at one firm. Not sure why there will be two, but I wlcome the raw commodity EF, not a GOld stock ETF. Impressive. State Street will be marketing agent for gold ETF investors.com BOSTON (CBS.MW) -- State Street Global Markets, a Delaware limited liability company and a wholly-owned subsidiary of State Street Corp., will be the marketing agent for a gold exchange-traded fund sponsored by the World Gold Council, according to an SEC filing. According to previous filings, the ETF was to be named Equity Gold Trust, but the name has been changed to streetTRACKS Gold Trust. StreetTRACKS is the brand name of several ETFs managed by Boston-based State Street Global Advisors. The expense ratio has been increased from the previous 0.3 percent to 0.4 percent, according to the filing. Barclays Global Investors has also filed a gold ETF with the SEC to be called iShares COMEX Gold Trust. Both ETFs are designed to reflect the price of gold owned by the trust, less the expenses of the trust's operations. Pending regulatory approval, streetTRACKS Gold Trust is slated to trade on the New York Stock Exchange, while the BGI offering would trade on the American Stock Exchange. Both ETFs will be structured as grantor investment trusts, not as registered investment companies, and the Bank of New York would be the trustee for both. The ETFs will pay their fees by selling off small amounts of gold bullion that has been traded for ETF shares. In other words, the fractional amount of physical gold represented by each share will decrease over the life of the trust. See full story. If they are approved, the ETFs will allow ordinary U.S. investors to invest directly in gold bullion. 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. Form S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 streetTRACKS® GOLD TRUST sec.gov.