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Gold/Mining/Energy : Barrick Gold (ABX)
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To: TLindt who wrote (207)11/30/1997 6:52:00 PM
From: Zardoz  Read Replies (1) of 3558
 
Yes... It's a derivative play, If you know what you are doing. Just like it was around 1997/02/12 & 1997/08/06 it SHOULD be around 1998/01/03 {yy/mm/dd} or earlier. This is suggested from the market decrease in Gold price relative to currencies.

Note: But than again, many out there refuse to see the connection between: Gold Price > Equity Price > Option Price and why you can buy options that expire within 1 month, and get the greatest yield.

PS: This is not a recommendation, and is defined as speculative. Risk what you can afford to loose.
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