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Gold/Mining/Energy : Silver prices

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To: Ron Struthers who wrote (1862)	5/27/1999 3:43:00 PM
From: Ray Hughes	Read Replies (3) of 8010

Ron, et. al.: Human nature is so very predictable - when price of a commodity or stock dips, interest evaporates. Our typical nature is to get excited only when prices have risen so long, and so high, that we get anxious about missing a "sure bet." Hence, most investors "buy high, sell low." Well, that appears to be afflicting the silver thread. How little activity we see these days on this thread whereas this could be a very interesting silver trading opportunity. If we believe in the eventual rise in silver prices, why is this thread not abuzz about buying options or futures for a trade back to $5.50-$5.75??? Who is getting ready to buy PAA and write call options on a bounce? Yesterday's prices offered roughly a 21% annualized return for a PAA buy/write. What about buying Merc silver $5.00 options? Any junior producers priced cheaply these days? Hello, anybody awake? (There, that ought to stir up some trouble.) RH

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