Gold's Six Month Base Near Completion 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 : Gold's Six Month Base Near Completion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Murphy who wrote (70)	6/9/1998 5:52:00 PM
From: KAZHAK	Read Replies (2) of 94

Bill, More big option volume in ABX, and the XAU. None of the big call buyers closed their earlier established positions, despite the 'news'. Someone sold 500 XAU July 65 puts as an opening position. The june and july 20 calls in ABX were active. Does Merrill Lynch have a vested interest in keeping the PMs down? They are constantly saying how silver and gold will continue down, and even spread that false rumor a month ago that Warren Buffet was selling his silver. Is this because they have pioneered the metal leasing market, and they are protecting the firm's and big clients positions?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next