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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Lightning who wrote (44303)	10/29/1999 11:38:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116762

One of the basic axioms of investing is to buy low and sell high a more basic axiom is survival since the gold market is small.. and since gold competes with fiat money and derivatives.. it would take a fortune teller to tell when the low is in

To: Lightning who wrote (44303)	10/29/1999 1:32:00 PM
From: Casaubon	Read Replies (2) \| Respond to of 116762

selling covered calls is not bearish. It takes advantage of greed to generate reproducible returns NOT MAXIMUM RETURNS. Selling naked calls on the other hand puts the seller at risk, should he need to cover, which is essentially what ashanti and cambior did. When I write calls on my stock, I don't care if the stock gets called away. I still get my return on investment. If you are happy with reproducible nice returns, buy hedged companies. If you want to take part in any explosive rally in gold, buy unhedged companies. These issues are seperate from manipulation of the gold market.