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 : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?

To: Surething who wrote (1160)	1/14/1998 5:04:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 3650

Full service brokers will always be around, someone needs to fleece the small time investor. No small time investor can move a stock as rapidly as traders. And traders require the brokers to feed the stock back out. Most mutual funds need several traders, just to handle daily trades. In the next few years, you'll see more derivative brokers poping up everywhere. And this is where the dealer can offer an advantage to the small investor. As we've all seen the mutual funds hammer stock down on bad news and up on good. A derivative broker can minimize the small investors risk by hedging, speculating, and cycling. Although investors can do this themselfs, most small investors can't get the best price from the market makers. And when the market moves against them they can't withdraw bids fast enough. As the best reason why people should read SI: Read what one of the CDN Option Marker Makers says. Learn first hand as to what can happen, and was never published, did anyone read this in the newspapers? Message 3144515 Knowing this could cause a panic, in the US it would! In the last few days you've heard that GOLD may be worth more now, since markets have oversold, undersupplied, or a multiple of others. Here's a prediction on GOLD. At 4:05 EST it's at 286.00/286.50, since it was in a relative oversold position it should, by expiration on Thursday pm be around 286.70/287.40 {AKA Thusday close} if it is than it's at fare market value. But what's controlling the price of GOLD right now is the realization that the USA will support the Japanese currency. This will cause a Quasi peg between the USD/YEN, and if ASIA has taught us anything.... pegs don't work. So everyone wants GOLD, but more importantly most Asian's buy SILVER! Monday 5.50 now 5.82/5.85 The volatility in the market place should grow during the year, until something gives. Probably a market crash. As the markets lack direction... BOND Yield down/market down? Yields up/Market up? A negative correlation.