Amen! Maybe 0.1g is a bit low, but 1g shares at just above $11 a chop, might liven up the market. We actually swapped a share account a few weeks ago when someone urgently wanted to buy some gold and the client has been desperately trying to sell them.
In a more liquid market environment this would have meant that the price would have dropped more towards the 90g mark, or a 10% loss. Of course, the way things are, it is unlikely that there will ever be volatility of any sort in the shares because between JPM and two other big shots, have of the liquidity is in effect not in the market. Sales have been slow as well, as you point out, so thinks are not looking too well. Now JPM and others will argue about the incredible dividend et al, but the only way to make 'real' money was really to buy the shares when gold was at 342 and dump them on some hapless poor geezer when the market went above 362. That's more return in 6 weeks than the dividend will amount to in a year. The funny thing is that the 'geezer' really, really wanted them after reading JPM's posts about how great arbitrage was. Trouble is, he doesn't dare to put them on the market now and we won't buy before gold is below 350, and even theh only very carefully and with a big 'Maybe'. In the meantime, A.I.M. returned 4.5% on gold-basis accounts in the last two months and will pay an early bonus this year. It's a strange world we live in. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
