SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: pogbull who wrote (81810)12/15/2000 4:00:58 PM
From: JagBrad  Read Replies (4) | Respond to of 95453
 
Re: XAU & Gold...Question also to anyone RE PM purchase
The only way I know to play the XAU is via options.
I have found that options are like stocks, the best time to buy XAU is when the tech market is in rally mode. Presently I'm in XAUCK MAR55 @ 1.5e with 18 contracts. At this point I would look farther out to June Or Jan02.
In October I bought the DEC50 (XAULJ) for 2-7/8 and got had for 7/8 + fee's. I don't know of any history prices to show past closing prices. If any body knows of a way please post. For YaHoo put in "^XAU" to view chart or options.

My question to anybody.
I have never bought actual metal before and was thinking of purchasing 10oz bars vs coins. Anybody have experience with PM purchase and a good company. I guess the best way will be wire them the funds. Any thoughts, warnings or recommends would be appreciated