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

To: RiceTrader who wrote (88672)	8/10/2002 11:39:07 PM
From: E. Charters	Respond to of 116779

Most bang for your buck as gold goes up, call options on producers and physical gold. Perhaps 50-50. Cover with put options on both to reduce risk but also reduce profit. Producers are a good bet for return if one plays max leverage. To hold a long time if you buy stock directly, buy covered puts. Gamble stocks are the low end explorationists who regularly climb and fall. These may have disoveries. Many are at near peak or normal peak now, so may be risky. On stocks it helps to know fundamentals, history, mining and the players. Deep subject. TA helps to find movers though. canadianmarketwatch.com Distribution of money? dunno. spread evenly perhaps. Never do calls, even hedged with more than 30% of your money. Never buy in a volatile risky market without hedging. Physical gold should be hedged with straddle strategy and watched daily. When oyu get near to one month before your due dates better unload. EC<:-} EC<:-}