Gold, having risen above US$800 per ounce on November 2, caused us to review the bullion holdings on deposit with streetTRACKS Gold ETF. The following chart shows those bullion holdings measured in millions of ounces to one decimal place at the end of each three month quarter beginning with October 31, 2006 and ending with November 2, 2007. We also show the percentage increase from October 31, 2006 at the end of each quarter end.

FusionCharts.

FusionCharts.

The increases in the quarter ended October 31, 2007 (depicted as November 2) and in the month of September are quite striking. While whether such increases continue remains to be seen, they do suggest marked increased interest in gold accumulation as a store of wealth.

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