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


To: goldsheet who wrote (50173)3/9/2000 9:55:00 AM
From: Ken Benes  Read Replies (3) | Respond to of 116815
 
Sounds like a wonderful strategy. Capped upside with your covered calls. Your hedged position mirrors barricks hedged position. Trade within a limited range with limited upside should gold ever break out. What kind of premium did you get on the 17.5 calls. Such enormous potential trading in the gold market, takes my breath away.

You should take a look at the telecoms and the fibre optic hardware companies. They have and will continue to provide enormous returns. For barrick and the other gold producers to equal this sector, the price of gold would have to go over a 1000.00. The gold mine is their unfortunately it is not in the ground.

Ken