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

SPDR Portfolio Short Term Treasury ETF

<< Previous

Bullboard Posts

Next >>

Post by Nosleepon Jan 23, 2009 11:19am

217 Views

Post# 15723703

I suppose the nice thing here..

is that we're at least tied to gold also. 30000 oz for 2009 is the expectation from Minto?

If gold holds, we'll have numbers as follows for gold alone.

30k x 585USD (885.00 spot today - 300.00 to cs per oz) = 17,550,000 x 1.15 (give the USD 1.15 on the year) nearly a cool 20 million profit on the gold from Minto alone. Then you still have all the remaining silver. Possibilities exist for more gold also.

Starting to get excited about this one. The gold purchase might look really really smart if gold breaks over 1000.00

Nosleep

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale