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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: goldsheet who wrote (55856)7/7/2000 9:31:52 AM
From: Ken Benes  Read Replies (2) of 116786
 
In terms of liability, a naked call can be more threatening than a futures contract. Grant it, options do not necessarily increase supply as does spot. Unfortunately for cde, their extensive exposure to the fools gold market has decimated their share price. Another case of foolish management appearing to be tantamount to the old widow who is bilked out of her savings by a broker with a great pump and dump stock story.

Ken
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