Waiting for the big Kahuna 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 : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dwight Taylor who wrote (13395)	1/21/1998 7:25:00 PM
From: GROUND ZERO™	Read Replies (3) of 94695

Hi Ben, I trade bond futures. When you short futures contracts, you're just short, you don't pay dividends or yields. Each contract is 100K. The risk and reward is high due to the leverage of margin. Gold? I would not buy gold if you paid me. Gold is in a perpetual bear market, especially since bonds were first traded on the Chicago Board of Trade about 12 or more years ago. If you really think inflation is imminent, the best place to be, IMHO, is short bonds. Rates will surely rise, there's no guarantee that gold would move at all. *Remember, Russia is bankrupt and has a great store of gold which they will dump onto the market at their first opportunity to raise a sizeable cash flow to finance their economy.* Silver? A considerable amount of the contracted silver is use for film development. With the move towards digital technology and digital computer cameras, who uses silver any more? The precious metals market is a horse and buggy. GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next