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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: Tommaso who wrote (19780)10/19/2009 5:03:36 PM
From: Nevada9999  Read Replies (2) of 29622
 
It seems that if they thought gold was topping they wouldn't want it as collateral. It could be interpreted as an endorsement of gold, but surely there are other interpretations. It also sounds like a disincentive to taking delivery if one can use it for margin. Better than trying to lease it out for a fraction of a fraction of a percent. That said, I have no experience with futures trading.
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