Invest Offshore

Category: Precious Metals

  • Gold could reach 480 dollars – Merrill Lynch

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    by

    Aaron
    in

    The price of gold could reach US$480 a troy ounce during the first half of 2005 if the euro strengthens to $1.39 in the same six-month period, investment bank Merrill Lynch said in a report issued this week. The bank sees gold averaging $440/oz in 2005, with the metal trading in a range between $400/oz…

  • Look for silver lining in gold ETF success

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    by

    Aaron
    in

    Perhaps, no one watched the events of the past week more closely than the “silver barons.” As streetTRACKS Gold Trust reaped $1.3 billion in its first three days of trading, and set a volume record for derivatives on its opening day, one can bet the minds of these pure silver company CEOs were chomping at…

  • Trader Wizard talks about Gold

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    by

    Aaron
    in

    By Bill Cara – The info on the new gold ETF is at this link. The ETF Fact Sheet is at this link. The GLD Prospectus (for U.S. investors only) is at this link. How to buy and sell GLD can be viewed at this link. If you are interested in buying a physical gold…

  • First U.S. gold ETF poised to launch

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    by

    Aaron
    in

    The World Gold Council has filed its last registration statement with the SEC for an exchange-traded fund tied to gold bullion, signaling the ETF could be launched as soon as next week. The highly-anticipated fund would allow U.S. investors to invest directly in gold via an exchange-listed security for the first time. Gold ETFs have…