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Gold/Mining/Energy : Gold Price Monitor

GDXJ 142.09

+5.5%

Jan 22 4:00 PM EST

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To: yard_man who wrote (4127)	12/10/1997 5:40:00 PM
From: Little Joe	Read Replies (1) of 116901

Barry: My stock broker (Legg Mason) can get bags of silver coins. I think on margin, but I would have to check. You could also buy options on silver stocks which will probably appreciate more than silver and could give you good leverage. With regard to silver coins a particularly good situation exists now to protect your downside by buying 40% silver coins. If silver does go down your downside is limited to the face value of the coins. You are probably taking only a ten percent risk at these levels. I would check that, but I think I am right. Live Long and Prosper, Little Joe

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