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To: Follies who wrote (38392)8/5/1999 12:44:00 PM
From: russet  Respond to of 116972
 
What if the buyer of the forward contract goes bankrupt? You won't get paid for your gold. You can always buy back the future at any time and sell on the spot. A bird in the hand is worth two in the bush.

I could be wrong, just my interpretation.