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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: FiveFour who wrote (43891)1/5/2006 11:30:33 AM
From: LLCF  Respond to of 116555
 
<all futures are marked daily, but profit/loss (and tax) accounting for contracts is different for speculators vs hedgers.>

Right... it's ABX's business, "Bonified" hedgers and all that AND these are OTC contracts... who gets to decide what ABX's short 3 year call options are worth??? I'll give you 2 guesses. :))

Let's move it to a gold thread unless Mish thinks it belongs here??

DAK