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To: Square_Dealings who wrote (48978)3/30/2006 1:54:57 PM
From: regli  Respond to of 116555
 
I like the bulliondesk. One of goldseeks quotes points there as well, others are Kitco and INO.



To: Square_Dealings who wrote (48978)3/30/2006 3:52:50 PM
From: maceng2  Read Replies (1) | Respond to of 116555
 
Thanks for the comments and links on pm's. Barclays comment on silver ETF...

Barclays denies report of imminent Amex silver ETF launch
Thu Mar 30, 2006 2:25 PM ET

today.reuters.com

NEW YORK, March 30 (Reuters) - Barclays Global Investors on Thursday called "incorrect" a newswire report that the American Stock Exchange may begin listing shares of a proposed silver-backed investment vehicle as soon as next week.

A Barclays spokeswoman said it has no indication if or when the U.S. Securities and Exchange Commission will give final approval to BGI's iShares Silver Trust, which would be the first silver exchange-traded fund.

On Thursday a wire service had quoted a top Amex official as saying the exchange may begin offering the shares as soon as next week, pending approval by regulators.

The SEC on March 21 approved rule changes that would allow Amex to list shares in Barclays Plc's (BARC.L: Quote, Profile, Research) silver product, which is designed to track the price of the metal. However, no registration statement has yet been approved that would allow the shares to be publicly issued, Barclays' spokeswoman said.

It was impossible to say when the ETF, if approved, would launch, she added.

Silver prices have rallied sharply in recent months on expectations that the bullion-backed ETF will boost consumer and investment demand for silver.

Benchmark silver futures <SIK6> in New York jumped to a 22-year high at $11.7150 an ounce amid heavy commodity fund buying across the entire precious metals complex.