Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 beta 3/9/83; site cca.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!houxm!vax135!cornell!uw-beaver!tektronix!hplabs!hpda!fortune!amd!decwrl!decvax!cca!reiner From: reiner@cca.UUCP (David Reiner) Newsgroups: net.invest Subject: Silver options Message-ID: <293@cca.UUCP> Date: Mon, 17-Sep-84 08:46:36 EDT Article-I.D.: cca.293 Posted: Mon Sep 17 08:46:36 1984 Date-Received: Tue, 25-Sep-84 07:31:10 EDT Organization: Computer Corp America, Cambridge Lines: 13 Distribution: A precious metals broker is giving me a hard sell on August 1, 1985 call options on silver at a $6.50 strike price. For 1000 oz., this costs roughly $2500. He claims that the dollar won't stay strong, that interest rates may come down, that the federal deficit will be with us for a long time, that silver is currently very cheap, and that all these factors will shortly drive up the price of silver. Does this all sound reasonable? Has anyone out there had experience with this kind of investing? decvax!cca!reiner or reiner@cca