Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (18290)	4/17/2002 4:13:15 PM
From: TobagoJack	Read Replies (1) of 74559

Hi retired, I have never done it because (a) there is little need to venture beyond NEM (though I had just done Harmony long and covered call, missing out on the put by price limit), and (b) I do not agree with Placer's management on risk management and hedging, and more importantly, I do not like the way they talk about risk management (they are either knowingly saying the wrong things, or not too bright). The washing-rinsing cycle depends on gold being stuck in channel and company stock in question being stuck in channel, with few possibility of company specific events triggering divergence of path between the company in question and its industry brothers. NEM is gold industry. A hedged gold miner is gold industry + hedge fund = superior returns for a while until not. Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next