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Gold/Mining/Energy : Gold Derivatives

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To: IngotWeTrust who wrote (6)9/22/1998 2:50:00 AM
From: marcos  Read Replies (2) of 39
 
I miss Porter too, and remember that post. ... So - is not all this piling on of options upon options effectively a short position on gold? ... which must at some point be covered?
I don't pretend to understand this stuff.

Fwiw, I've never seen Hutch claim infallibility. Quite the opposite, in fact, he and I used to talk on the Canadian Banks thread ...... cheers
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