Should the speculative community take a negative view towards goldit could cause a decline in world gold prices negatively impacting theprice of the
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Should the speculative community take a negative view towards gold,it could cause a decline in world gold prices, negatively impacting theprice of the shares.The amount of gold represented by shares of the Trust will decrease overthe life of the trust due to sales necessary to pay the sponsor's fee andtrust expenses. (iii) Asignificant change in the attitude of speculators and investors towardsgold. Should there be an increase in the level ofhedge activity of gold producing companies, it could cause a decline inworld gold prices, adversely affecting the price of the shares. (ii) A significant increase in gold hedgingactivity by gold producers. A significant portion of the aggregate world goldholdings is owned by governments, central banks and related institutions.If one or more of these institutions decides to sell in amounts largeenough to cause a decline in world gold prices, the price of the shareswill be adversely affected. For a morecomplete discussion of the risk factors relative to the iShares COMEX(R)Gold Trust, carefully read the prospectus.Following an investment in shares of the Trust, several factors may havethe effect of causing a decline in the prices of gold and a correspondingdecline in the price of the shares Among them: (i) Large sales by theofficial sector.
If an investor sells the shares at a time when noactive market for them exists, such lack of an active market will mostlikely adversely affect the price received for the shares. The price received upon the sale of the shares, whichtrade at market price, may be more or less than the value of the goldrepresented by them. Brokerage commissions will reduce returns.Shares of the Trust are created to reflect, at any given time, the marketprice of gold owned by the trust at that time less the trust's expensesand liabilities. Additionally, shares of the Trust are bought and soldat market price (not NAV). Because shares of the Trust arecreated to reflect the price of the gold held by the trust, the marketprice of the shares will be as unpredictable as the price of gold hashistorically been. Shares of the Trust are not subject to the sameregulatory requirements as mutual funds.
The iSharesCOMEX Gold Trust ("Trust") is not an investment company registered underthe Investment Company Act of 1940 or a commodity pool for purposes of theCommodity Exchange Act. wasterminated in connection with the BlackRock Transaction.It is not expected that the BlackRock Transaction will materially affectthe Trust, its shareholders, or an investment in its shares.Investing involves risk, including possible loss of principal. The previously announced agreement, providing for the sale byBarclays of its interests in the Sponsor and certain affiliated companiesto a holding company of CVC Capital Partners Group SICAV-FIS S.A. The BlackRock Transactionis subject to certain regulatory approvals, as well as other conditionsto closing.
SAN FRANCISCO, CA, Jun 19 (MARKET WIRE) -- On June 16, 2009, the Board of Directors of Barclays PLC ("Barclays"),the ultimate parent company of Barclays Global Investors International,Inc., the sponsor (the "Sponsor") of the iShares(R) COMEX(R) Gold Trust(the "Trust"), accepted a binding offer and entered into an agreement tosell its interests in the Sponsor and certain affiliated companies toBlackRock, Inc (the "BlackRock Transaction"). of Vevey, Switzerland the world'slargest nutrition, health and wellness company.For more information on thecompany, please visit 's Grand Ice Cream, Inc.Dori Sera Bailey, +1-510-601-4241 (office), +1-510-406-4844 (wireless),, or Kim Goeller-Johnson, +1-510-601-4211 (office),+1-510-693-5087 (wireless), , both of Dreyer'sGrand Ice Cream, Inc.. manufactures, markets and distributes a fullspectrum of ice cream and frozen snacks.Dreyer's Grand Ice Cream is part ofNestle USA, which is owned by Nestle S.A. None of the brands manufactured by Dreyer's, including Edy's(R) and Nestle(R)branded ice cream and frozen dessert/snack products sold through retail andfoodservice outlets, are involved.These products are safe to consume.Dreyer's Grand Ice Cream, Inc. Dreyer's, Edy's and Nestle Ice Cream Products NOT Involved in Cookie DoughRecallOAKLAND, Calif., June 19 /PRNewswire/ -- Dreyer's Grand Ice Cream products areNOT impacted by the recall of Nestle(R) TOLL HOUSE(R) refrigerated cookiedough products announced today.
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