Silver and Gold Prices: Gold and Silver Options Expired Today

May 26, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

SILVER and GOLD PRICES were dive-bombed by selling? All those $1200 strike gold call options and the $18.00 and $17.80 call options expired worthless? What’s that? The option writers, having fleeced the rubes, get to keep the premiums? … Silver might also see a rise to 1820c, one more fall to, say, 18.00 before taking off again. Either way, buy silver. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger …

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