Commentary - 09/18/2006

Who "Controls" The [XAU] PHLX Gold And Silver Sector Index?

This page is to help determine who really controls the 15 companies listed in the PHLX Gold And Silver Sector Index, or XAU. Again, it turned out very interesting. Nothing has really changed since 1889 when the Great Red Dragon book was published. Except that a greater amount of power has been concentrated into fewer hands.

The point is, control of American companies is rapidly being consolidated into a few foreign hands, and they are also doing so at "frantic" pace. Damn any of the promises that had been made earlier, such as retirement benefits, health care and pensions. Any why are they doing this? To "own the earth in fee simple."

You can do the same lookup on any public corporation and see for yourself who owns what. You will also see that some of the major holders are nothing more than a "front" for a another more powerful group. Simply find out who the major holders of the major holders are and you will see for yourself. Their idea is simply to make it easier to deceive the public.

While doing this, remember that it takes only 10% of the stock to "control" a large widely-held corporation. Especially when management and insiders show little or zero ownership. They, as hirelings, simply take their marching orders and their large paychecks, and everybody else be damned. If they show any conscience about what happens to their employees or customer base, they will simply be removed, then replaced, by another, more "aggressive leader."

Another problem we're facing now is the growth of private-equity groups, which don't have to make the same disclosures as the publicly-held groups. This is why they keep gaining up on the SEC to "prevent" disclosure and accountability. I have no illusions that they are simply "Snakes In different-colored Suits."

One last thing: If you found this information valuable, please help support this site.
With that being said, here goes:

PHLX Gold And Silver Sector Index (as of 30-JUN-2006)  
Symbol Name Of Corporation Link To All The
ABX 1. Barrick Gold Corp.
Capital Research And Management Company13.32%
NWQ Investment Management Company, LLC.7.97%
Barclays Global Investors UK Holdings Ltd3.86%
Lord Abbett & Co.3.05%
Capital Guardian Trust Company2.65%
Harris Associates L.P.2.10%
Major Holders
AEM 2. Agnico-Eagle Mines Ltd.
Barclays Global Investors UK Holdings Ltd5.33%
FMR Corporation (Fidelity Management & Research Corp)4.58%
Royce & Associates, Inc.3.39%
Van Eck Associates Corporation2.41%
Merrill Lynch Investment Managers Group Ltd.2.20%
Allianz Global Investors of America L.P.1.99%
Major Holders
AU 3. AngloGold Ashanti Ltd.
% of Shares Held by All Insider and 5% Owners:42.00%
NWQ Investment Management Company, LLC.5.57%
Oppenheimer Funds, Inc.1.53%
Franklin Resources, Inc.1.38%
Merrill Lynch Investment Managers Group Ltd.1.37%
Arnhold & S. Bleichroder Advisers Inc.1.01%
Northern Cross Investments Limited089%
Major Holders
CDE 4. Coeur d'Alene Mines Corp.
Ameriprise Financial, Inc.3.87%
Barclays Global Investors UK Holdings Ltd3.77%
Jennison Associates LLC2.45%
Vanguard Group, Inc.2.09%
Andreeff Equity Advisors, L.L.C.1.72%
State Street Corporation1.36%
Morgan Stanley1.29%
Major Holders
FCX 5. Freeport-McMoRan Copper & Gold Inc.
% of Shares Held by All Insider and 5% Owners:5.00%
Capital Research And Management Company8.84%
Barclays Global Investors UK Holdings Ltd5.07%
Mellon Financial Corporation4.96%
Vanguard Group, Inc.4.06%
State Street Corporation3.69%
Merrill Lynch Investment Managers Group Ltd.3.62%
Major Holders
GFI 6. Gold Fields Ltd.
% of Shares Held by All Insider and 5% Owners:25.00%
Merrill Lynch Investment Managers Group Ltd.2.43%
Emerging Markets Management LLC1.36%
Morgan Stanley1.20%
FMR Corporation (Fidelity Management & Research Corp)1.20%
Arnhold & S. Bleichroder Advisers Inc.1.18%
Mackenzie Financial Corporation1.05%
Major Holders
GG 7. Goldcorp Inc.
FMR Corporation (Fidelity Management & Research Corp)6.36%
Barclays Global Investors UK Holdings Ltd4.58%
Merrill Lynch Investment Managers Group Ltd.2.68%
RBC Asset Management Inc.2.51%
Toronto Dominion Bank2.21%
TD Asset Management, Inc1.70%
Major Holders
GLG 8. Glamis Gold Ltd.
FMR Corporation (Fidelity Management & Research Corp)11.03%
Barclays Global Investors UK Holdings Ltd4.47%
Royce & Associates, Inc.4.25%
Merrill Lynch Investment Managers Group Ltd.3.46%
Wells Fargo & Company2.36%
RBC Asset Management Inc.1.85%
Major Holders
GOLD 9. Randgold Resources Ltd.
Merrill Lynch Investment Managers Group Ltd.11.12%
Wells Fargo & Company7.96%
Van Eck Associates Corporation6.55%
Mackenzie Financial Corporation6.14%
U.S. Global Investors, Inc.3.36%
Franklin Resources, Inc.3.12%
Gabelli Funds, LLC2.58%
JP Morgan Chase & Co.2.39%
Major Holders
HMY 10. Harmony Gold Mining Co. Ltd.
Merrill Lynch Investment Managers Group Ltd.2.73%
Arnhold & S. Bleichroder Advisers Inc.1.92%
Orbis Holdings Ltd1.79%
Capital International, Inc.1.62%
Oppenheimer Funds, Inc.0.95%
Deutsche Bank Aktiengesellschaft0.83%
Major Holders
KGC 11. Kinross Gold Corp.
% of Shares Held by All Insider and 5% Owners:15.00%
Amvescap Plc7.27%
Barclays Global Investors UK Holdings Ltd6.50%
Mackenzie Financial Corporation4.16%
FMR Corporation (Fidelity Management & Research Corp)3.31%
Merrill Lynch Investment Managers Group Ltd.2.76%
Goodman & Company Investment Counsel2.17%
Major Holders
MDG 12. Meridian Gold Inc.
FMR Corporation (Fidelity Management & Research Corp)12.93%
Royce & Associates, Inc.7.45%
Prudential PLC6.55%
Barclays Global Investors UK Holdings Ltd6.32%
T. Rowe Price Associates6.11%
Merrill Lynch Investment Managers Group Ltd.2.62%
Major Holders
NEM 13. Newmont Mining Corp.
FMR Corporation (Fidelity Management & Research Corp)7.13%
Capital Research And Management Company6.78%
Lord Abbett & Co.4.53%
Barclays Global Investors UK Holdings Ltd3.33%
State Street Corporation2.93%
Vanguard Group, Inc.2.72%
Major Holders
PAAS 14. Pan American Silver Corp.
Royce & Associates, Inc.9.61%
Wells Fargo & Company2.54%
Waddell & Reed Financial Inc.2.01%
FMR Corporation (Fidelity Management & Research Corp)1.46%
Jennison Associates LLC1.33%
Andreeff Equity Advisors, L.L.C.0.99%
Major Holders
RGLD 15. Royal Gold Inc.
Neuberger Berman, LLC11.61%
Barclays Global Investors UK Holdings Ltd3.15%
Arnhold & S. Bleichroder Advisers Inc.3.00%
Blackrock Inc.2.84%
United Services Automobile Association2.67%
Oppenheimer Funds, Inc.2.22%
Major Holders


© 2006 by Edward Ulysses Cate
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