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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (66234)7/17/2006 10:25:07 AM
From: ild  Respond to of 110194
 
<<<why is GLD so much bigger than IAU? first-mover advantage, or is it just that their symbol is better? -g-
>>>

I'd guess that they might have better (cheaper) way to create new / dump existing shares. AFAIK their custodian HSBC is the #1 gold dealer.



To: Wyätt Gwyön who wrote (66234)7/18/2006 8:08:51 PM
From: aknahow  Respond to of 110194
 
First mover is indeed a major reason. But class act reporting by State Street Investors is another major reason. The premium/discount is tracked to the spot price not the London Fix.

The Barclays SLV silver ETF site is a bad joke with reporting done close to 2 a.m. e.s.t.

GLD reports at 4:45 p.m. Have no idea when IAU reports because I just can't bother with even going to their site.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News