Dear shareholders,

In an effort to keep you up to date on the resource sector and more specifically gold bullion, please see the article titled “Gold to track oil, hit $1,500/oz in 2011 –BoA.”

Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said on Monday.

Gold to track oil, hit $1,500/oz in 2011 -BoA

LONDON, Oct 5 (Reuters) - Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said on Monday.

"For the world economy to resume growth of 5 percent, commodity supplies must expand by a similar rate, " said Francisco Blanch, head of global commodity research at the U.S. bank.

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