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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Comment by Magnumon Dec 04, 2008 9:25pm
173 Views
Post# 15628802

RE: SST operating costs

RE: SST operating costsYoyo,MontyHigh, Thank You for the efforts to clarify costs.  Yes costs are not fixed here,and could change at any time for many reasons and metal prices also are rapidly changing,that is mining .  I believe we just started another leg in yet lower metal prices, what impact that has here and elsewhere is really difficult to determine in an exact manner, such is investing.  Because the trend IMO is still lower for metal prices,I for one would not further invest in any basemetal "related" play at this time.  I will point out though that there is far more at play in today's markets than just costs of production and sales prices of metals,hopefully CS and other mines/Co. that are feeding SST's streams have made the correct moves financially to carry forth business so those streams do not disappear.

CS/SWC made some prudent moves by hedging some metal production at much higher levels, that is a plus for CS.  The newest revenue stream for SST having the Gold content may be a game saver or even game breakout going forward, a very good move by SST IMO.  Lundin does not impress me, and the other project Aqueline is a non factor at this time IMO.

Many moving parts here to evaluate, and re-evaluate,definitely not a clear cut or concise manner to do so, no matter what your position is here.

GLTA, Magnum
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