Jack Walker

Option Selection for Covered Call Writing

Richard,

Thanks for taking the time to write this article. In this environment it is a good strategy to be used for good quality high dividend paying companies.

Jack

Gold Continues to Climb as Economic Catastrophe Looms

John,

Can you provide more details about your comment:

"This is despite the activity of price-depressants such as official gold sales by the IMF and official 'approval' for massive naked short positions to be opened by new 'bullion' banks."

Specifically, who are the new bullion banks and who granted such approval for massive naked shorts?

Jack

Will COMEX Default on Gold and Silver?

Avery,

This is an excellent and informative article.

Is it correct to conclude in the event of a real short squeeze the bullion banks will ultimately be bailed out by the US taxpayers?

As you say,

“The vast majority of short positions in gold and silver appear to be held by only 2 – 3 American banks…,”

Do you know if the SPDR Gold Shares ETF (GLD) is permitted to lease gold holdings to the bullion banks who then us it as margin for shorting or is it all being held long and unencumbered in a depository?

Jack

SPDR Gold Trust Inventory Remains in a Very Narrow Range

Tim,

Do you know if the SPDR Gold Shares ETF (NYSEArca:GLD) is permitted to lease gold holdings to the bullion banks who then us it as margin for shorting or is it all being held long and unencumbered in a depository?


Jack

Fiat Money and a Profligate Congress: A Bad Combination

Thomas,

Thanks for bringing Lehrman & Muller's writings to our attention once again.

Even if a new gold standard was the right solution how could it be implemented short of a worldwide economic breakdown and chaos? It seems democracies are incapable of important structural changes without a crisis.

Jack