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Politics : Ask Michael Burke

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To: bill meehan who wrote (75220)2/4/2000 4:45:00 PM
From: sammaster  Read Replies (1) of 132070
 
what do u make of this?

Date: Wed Feb 02 2000 10:03
D.A. ( gold ) ID#7579:
Our good friends over at Goldman have been in the market buying calls on the heavy yellow metal, with strikes in the 310 320 range for April and June. Quantity estimated at about 1 million oz.


notice the date....wednesday!!!!
so GS was buying calls on wednesday...amybe they knew they were blowing up and knew they would have to buy back gold so they they bot a bunch of calls to cover themselves....
so GS saved themselves and others got screwed big time...

samir
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