Precious and Base Metal Investing 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.

Gold/Mining/Energy : Precious and Base Metal Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: re3 who wrote (17173)	8/19/2003 11:37:01 AM
From: Silver Super Bull	Read Replies (1) of 39344

retired, RE: "any suggestions as to how you are playing this potential scenario you are looking at ? " Well, I am maintaining my positions in precious metals and shares. While some may feel that precious metal shares will decline along with all other stocks in a stock market upheaval, I am not sure. In fact, at this point, from what I am seeing, I don't agree. I feel very strongly that the general stock market is wildly overvalued and extremely vulnerable, all things considered. Because of this I have bought some Rydex inverse mutual funds, RYTPX and RYVNX. They're supposed to move 200% of the inverse of the performance of the S&P500 and Nasdaq 100. Also, I am short a few e-mini S&P 500 contracts. In my opinion, these instruments are not for the faint of heart or for amateurs. Very tricky, to say the least. DB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next