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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: yard_man who wrote (10315)11/4/1998 4:13:00 PM
From: Cynic 2005  Read Replies (2) of 86076
 
<<Why would you want to be short calls on ABX? Do you own it?>>
Yup, I do! Quite a few of them. I just want to sell some at 25. Instead, I have decided to sell Jan 25 calls. I was thinking that gold will attract flight capital. But Greeny and his peers seem to be hell bent on manipulating the currency, bond, stock and gold markets every which way they can. If they want to print money their way out of this trouble, they want to sell gold also at the same time so that inflationary concerns will not be raised. When every market around you is rigged, you kind of doubt all your convictions. -ng-
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