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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (63296)6/10/2006 2:29:00 PM
From: Tommaso  Read Replies (2) of 110194
 
I tried to figure all that stuff out once, but then I forgot.

But were't the forward contracts (that made so much money for some gold companies all during the bear market in gold) a kind of short selling? They sold at a higher price, counting on honoring the contracts at a lower price. And in some cases, I think they did sell more gold than they were capable of producing.
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