May 16, 2008   8:14 AM	PHLX Gold/Silver Sector (XAU)
Total Issues =	16			(1000's)	Current	% of	Ind Move	Previous		Qrtly
Issue	Symbol	Open	Last	Shares	Market_Values	MV	$1 Change	Shares	Ex Date	Div
Barrick Gold Corp.	ABX	0.00	39.16	870,569	34,091,482.04	17.09%	0.80	870,569	5/28/2008	0.100
Agnico Eagle Mines Ltd.	AEM	0.00	66.91	143,124	9,576,426.84	4.80%	0.13	143,124	3/12/2008	0.045
AngloGold Ashanti Ltd.	AU	0.00	39.25	277,712	10,900,196.00	5.46%	0.25	277,712	2/27/2008	0.048
Yamana Gold, Inc.	AUY	0.00	14.57	626,700	9,131,019.00	4.58%	0.57	626,700	6/26/2008	0.030
Coeur D' Alene Mines Corporation	CDE	0.00	3.24	550,826	1,784,676.24	0.89%	0.50	550,826
Freeport McMoran Copper Gold	FCX	0.00	119.43	382,768	45,713,982.24	22.91%	0.35	382,768	4/11/2008	0.438
Gold Fields Ltd.	GFI	0.00	13.90	652,538	9,070,278.20	4.55%	0.60	652,538	5/28/2008	0.055
Goldcorp, Inc.	GG	0.00	40.31	709,013	28,580,314.03	14.32%	0.65	709,013	5/14/2008	0.045
Randgold Resources Ltd.	GOLD	0.00	44.78	76,192	3,411,877.76	1.71%	0.07	76,192	2/13/2008	0.028
Harmony Gold Mining Co. Ltd.	HMY	0.00	12.62	402,437	5,078,754.94	2.55%	0.37	402,437
Kinross Gold	KGC	0.00	20.04	613,588	12,296,303.52	6.16%	0.56	613,588	3/19/2008	0.020
Newmont Mining Corporation	NEM	0.00	46.73	453,289	21,182,194.97	10.62%	0.41	453,289	6/4/2008	0.100
Pan American Silver Corp.	PAAS	0.00	35.28	80,765	2,849,389.20	1.43%	0.07	80,765
Royal Gold, Inc.	RGLD	0.00	28.98	30,080	871,718.40	0.44%	0.03	30,080	4/2/2008	0.070
Silver Wheaton, Inc.	SLW	0.00	14.24	222,934	3,174,580.16	1.59%	0.20	222,934
Silver Standard Resources, Inc.	SSRI	0.00	28.91	62,689	1,812,338.99	0.91%	0.06	62,689
Totals				6,155,224	199,525,532.53	100%		6,155,224
XAU Divisor -	1,094,308
XAU Value -	182.3303