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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2220)11/18/2005 8:03:13 AM
From: elmatador  Read Replies (1) | Respond to of 217764
 
Would gold not face the same type of risk?

Say a rogue trader defaults. His employer say:

"He acted on his own, and we are not reponsible"

Gold then would crash!



To: TobagoJack who wrote (2220)11/19/2005 12:46:08 AM
From: Taikun  Read Replies (2) | Respond to of 217764
 
This trader sold 200,000MTs that don't exist. So why would it crash? This is like tapping the SPR before Karita and then having nothing in the SPR to use when the market actually needs it.


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