Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

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iShares 1-10 Year Laddered Government Bond Idx ETF > GOLD IS TRENDING NICELY - UP UP & AWAY!

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Post by PGMBOY on Oct 03, 2005 9:23am

GOLD IS TRENDING NICELY - UP UP & AWAY!

NP/wire say Barrick, rivals hear gold trending nicely 2005-10-03 08:03 ET - In the News Also In the News (C-G) Goldcorp Inc (2) Also In the News (C-K) Kinross Gold Corp (2) Also In the News (C-PDG) Placer Dome Inc The National Post reports in its Monday, Oct. 3, edition that gold may rise for a sixth week, pushing prices above a 17-year high, as investors seek a hedge against inflation, a Bloomberg survey showed. A Bloomberg News dispatch to the Post reports that 17 of 33 traders, investors and analysts surveyed on Sept. 29 and Sept. 30 from Hong Kong to Chicago urged investors to buy gold, which rose $5.10 (U.S.) last week to $472.30 (U.S.) an ounce on the Comex division of the New York Mercantile Exchange. Seven respondents said gold will fall, and nine expect little change. Gold has surged 13 per cent since July 15 as hurricanes in the Gulf of Mexico sent oil and natural gas to record highs. Government bonds in the United States, Europe and Japan fell in the third quarter on concern inflation is eroding purchasing power. The remainder is available to Stockwatch subscribers.