With precious metals largely delivering appealing returns once again in 2011, we have taken note of exchange traded funds that allow the investor to gain diversified exposure to the physical metals and not rely solely on the spot returns from one single metal such as gold or silver
For instance, ETFS Physical Precious Metals Basket is weighted towards physical silver , physical gold , physical platinum , and physical palladium .
GLTR has recently traded at its highest levels since early May.
Similarly, ETFS Physical White Metals Basket has exposure to physical silver , physical platinum , and physical palladium .
These ETFs may be appealing to those investors who want exposure to precious metals but are not comfortable with their risk being tied to only one metal at a time.
ETFS Physical Precious Metal Basket
Via Springwise, comes news about this weeklong bus tour of Spain for surfers:
Surfing is enjoying a fresh surge in popularity in Spain, so it’s no wonder Surf Road Experience is offering its surfing trips every week. The company has reportedly decked out eight British-style double-decker buses with beds, showers and all the amenities surfers might need, and every Monday new tours depart from the northwestern city of Vigo. A surfing instructor goes along on each trip, and up to 12 surfing enthusiasts aged 12 and up are equipped with surf boards for the week. Days, then, are spent touring the mainland coast in search of good waves and good times, with surf lessons provided along the way. Trips for novices and advanced surfers are available; pricing is EUR 445 for a six-day trip or EUR 190 for a weekend version.
By Devin Reese on 27-07-2011
We envisage the 100% web world as an ideal state for business IT, where applications are delivered from a shared infrastructure via the Internet and accessed on any browser enabled device. This model is proven to deliver significant improvements in the areas of:
• Collaboration across the borders of language and location
• Productivity improvements across the board
• Mobility that just works for everyone
• Cost efficiency and revenue uplift
At Google, we are committed to moving beyond the current notion of cloud computing to bring customers to a world we call 100% web. While many IT vendors have now adopted (or co-opted) the term “cloud computing” to describe a wide variety of technologies, most don’t deliver on the true promise of the cloud. While these concepts may deliver value in the short term, they lock customers in to multi-year release cycles, leave them with the significant costs of managing client software, and expose sensitive data through insecure devices. True cloud co
Read more…
ETF Spotlight on Market Vectors Emerging Markets Local Currency Bond , part of an ongoing series.
Assets: $444.6 million.
Objective: The ETF tries to reflect the performance of the J.P Morgan GBI-EMG Core Index, which provides exposure to local currency bonds issued by emerging market countries. The ETF benefits when emerging markets currencies appreciate against the U.S. dollar.
By Devin Reese on 26-07-2011
The trustee seeking money for victims of Bernard Madoff’s fraud announced on Thursday a more than $1 billion settlement with Tremont Group Holdings Inc, which he had accused of missing warning signs of the Ponzi scheme.
Irving Picard, the trustee, said the accord covers more than one dozen U.S. and foreign investment funds, and also includes Massachusetts Mutual Life Insurance Co, of which Tremont is a part.
Picard said more than $1 billion in cash will be placed in escrow, and ultimately distributed to former customers of Bernard L. Madoff Investment Securities LLC.
