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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (4017)5/23/2007 3:25:41 AM
From: NYBob1  Read Replies (1) | Respond to of 4051
 
Ot. Nine U.S. warships enter Gulf for training -
Wed May 23, 2007 1:35AM EDT
Reuters -
tinyurl.com

THE FIRST GREAT GOLD RUSH began in 1971....



THE FIRST GREAT GOLD RUSH began in 1971...
gold prices ran from $35 to over $700, a twentyfold rise!
A decade later, prices settled near $300,
nearly a tenfold increase!

THE SECOND GREAT GOLD RUSH, Phase One began in 2001....
gold prices have run from $275 to over $675 (25% growth/year!)
Not bad, but this is still just the warm up phase!

THE SECOND GREAT GOLD RUSH, Phase Two begins in 2007...
gold prices are expected to climb above $750 this year!
If gold prices rise twenty-fold from $275,
that's a $5,500 peak price,
with gold settling near $2,750,
a tenfold increase and 400% higher than today's price.

Good news! You're not too late...
Bull markets in commodities run 15 to 23 years on average.
Experts say these first five years have been a stealth bull market,
mostly hidden from the public.
But not for much longer!

The mass media is gradually informing the public about
the exciting future of gold.
We suggest staking your gold claim ASAP,
ahead of the crowd -- but first,
you need trustworthy educational tools to help you
get up to speed on gold investments, quickly.

The future of gold... free offer!
Good council from dozens of market experts equals great wisdom.
Reaching your financial goals in the future will require both
information and inspiration. Swiss America's 25th Anniversary
Issue of Real Money Perspectives,
"The Future of Gold 2007"
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* WHY... 35 experts see four-digit gold ahead
* WHAT's... the best form of gold to own?
* HOW... America's "dollar illusion" will end
* WHEN... the $480 trillion debt bubble pops
* PLUS... How to privatize your wealth today
* AND ... Owning gold in your retirement plan

Got NXG Gold and Copper Mines -


DD....
northgateminerals.com

investorshub.com



To: IngotWeTrust who wrote (4017)6/13/2007 11:04:33 PM
From: IngotWeTrust  Respond to of 4051
 
SOURCE: The Telegraph--Calcutta, India
June 11, 2007

Fund offers to bet on gold mining outfits
ANIRUDH LASKAR

Mumbai, June 10: DSP Merrill Lynch is launching a fund this week that will invest in shares of gold mining companies across the world.

Though a first in India, the fund has been launched in other countries and has assets of $5.8 billion as on March 31.

Merrill Lynch International Investment Fund — World Gold Fund will be benchmarked against FTSE Gold Mines Index and give returns in dollars.

Aniruddha Naha, the fund manager in India, said the scheme would expand the foreign investment options of individuals.

About 80 per cent of the money will be invested in gold companies; and the rest will be in other minerals.

The fund has invested 12 per cent of its corpus in platinum companies and 4 per cent in silver.

Dhirendra Kumar, CEO of Valueresearchonline, said the fund was a good investment option but there was a risk the returns getting eroded by the appreciation of the rupee.

Nath said the currency risk was an issue. “We would be including all the risk factors in our offer documents, once the fund is launched next week. We have sufficient expertise to hedge against the underlying risks attached to MLIIF World Gold.”

He, however, did not divulge the load structures on the fund.

The earnings will be a combination of the returns from investments and gains or losses from movements in exchange rates.

If the rupee fails to check its rise against the dollar, the extent of appreciation will reduce the yield on the fund. If it appreciates in excess of the returns from the investment, there will be losses.

Investments have been made in Barrick Gold Corporation — the exposure is 8.3 per cent of the corpus, Impala Platinum Holdings Limited, 7.5 per cent, Gold Fields Limited, 7.2 per cent, and Kinross Gold Corporation, where the exposure is about 6 per cent.

The largest portion has been invested in North America, about 31 per cent of the corpus. This is followed by Australia, 22 per cent, and South Africa 19.9 per cent.

Sources said such funds displayed high volatility.
================

COMMENTARY:

I don't get it. This article was highlighted on JES this evening, and JES himself wrote that this fund will do "very well."

If mining shares are basically toilet paper due to non-recourse loans....

and

if US dollar is headed for the crapper imminently thus forcing
higher the rupee...

how is this particular fund supposed to be a "do very well" investment vehicle in the upcoming gold rally?

Any theories

G_T