Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (21077)	7/27/2010 7:49:30 PM
From: Wade	of 48092

harveyorgan.blogspot.com "Today was options expiry and as always we see raids occurring. What is very strange this month was the huge 2:1 ratio of puts over calls. Normally, the ratio is the reverse, with a 2: 1 ratio of calls over puts. Tonight a massive amount of puts are in the money which means the sellers of those puts ie. the underwriters take possession of gold contracts. Somebody big is in need of whatever supplies of gold are available at the comex. I smell firworks and the regulators are asleep. My guess: the holders of the put contracts that are taking delivery, are the bankers themselves trying to get the last amount of gold and silver in their names prior to default."

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