Week in Review 8/11/06

Another volatile week as they all are in the commodity patch.  Most expected gold to soar on news of foiled terrorist attempt, but it didn’t happen.  Investors must have found other save havens to divert their monies. Below are this week’s results of stocks regularly discussed here:

    W/E   YTD
    8/11    
DOW   -1.4%   3.5%
S&P 500   -1.0%   1.5%
NASDAQ   -1.3%   -6.7%
GLD   -2.4%   21.6%
GDX   -2.3%    
CEF   -2.0%   32.0%
USO   -0.1%    
BRIC   0.5%   18.4%
BBO   -3.3%   27.0%

GLD – Gold Bullion Exchange Traded Fund (ETF)
GDX – Gold Mining Stocks ETF
CEF – Gold and Silver Bullion ETF
USO – Oil ETF
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC

Refer to the following links for more information on above stocks.

GDX, CEF: Link
USO: Link
BRIC, BBO: Link

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