Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (7383)	2/5/2003 12:13:25 AM
From: Bruce Robbins	Respond to of 39344

I think Claude has done things right. If I am correct, he has his core position in gold stocks and the speculative puts in place to cover the downside if there is any. Those puts are getting mighty cheap now too. If we can have $14 days up, I think $14 days down are also possible. One thing is for sure, I would not want to be sitting on a large short position on gold taken at $330 or lower right now ;) I can imagine the mess if the longs decide to take delivery this month with gold $375+...