% | $
Quotes you view appear here for quick access.

Philip Morris International, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • axpkocop axpkocop Mar 19, 2009 3:24 PM Flag

    Spectacular Close for PM - GOLD

    No, I don't own the GLD ETF. I own the raw metal-gold and silver. Why pay management fees to have someone buy and hold gold for me?

    My ETF naked call options sold are indirectly covered by the gold I own but I use stock like Berkshire, PM and COP to cover the margin requirements.

    I still haven't sold any call options against a silver ETF but I may if the price goes a little higher.

99.05+0.21(+0.21%)May 25 4:01 PMEDT