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