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

To: Zardoz who wrote (89949)	9/24/2002 9:40:56 PM
From: Ahda	Read Replies (1) \| Respond to of 116815

Can you give me a dollar an economy that is without excessive risk? Can you Show me where the economic structure of any nation is booming or is it a fact that all nation at this point are concerned about growth ? And then can you tell me that there is not a high probability of a currency crisis. If the yuan broke it's peg to the US tomorrow the currency market in my opinion could crash. Reason the labor rate of the currency acts as an inflation hedge for the rest of the world. Dollars are the result of the strength of a Nation economic structure not the strength.

To: Zardoz who wrote (89949)	9/24/2002 9:58:05 PM
From: E. Charters	Respond to of 116815

Sell the puts and you only lose the differential, as the gold was free and that is minus what you made selling the puts. Obviously you only sell what you can pay for by selling the gold. But you bought puts and calls, so you made it back on the puts so end up only losing what you paid for the calls. Which you don't have to lose on as gold is going back up. If gold stays where it was, then you made it on selling the puts, and might still make it on the calls, if long term enough. So where was this risk with free gold? If you are smart enough to mine it yourself or get people to leave it on your herit step.