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Politics : Ask Michael Burke

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To: valueminded who wrote (32333)	9/7/1998 12:58:00 PM
From: Knighty Tin	Read Replies (1) of 132070

Chris, I like platinum the best, both the stocks (Stillwater and Impala), but also the metal on deep down days. I like gold but not nearly as much. I am playing mostly through shares as you are buying it at a discount to the bullion. NEM and ABX are my favorites. I wouldn't buy options on the actual metals. I think they are cheap and will be priced higher, but I don't have any idea when. Long calls on the stocks or the XAU index may be valueble if you can go out far enough in time. If your broker doesn't do XAU options, something in wrong with him. Metals options are a different story, as they are futures options and he needs a different, harder to get, license. MB

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