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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Nevada9999 who wrote (19786)10/19/2009 5:15:23 PM
From: Tommaso  Read Replies (1) | Respond to of 29622
 
If you look at it from their point of view, anything that stimulates trading is desirable. I would be somewhat unhappy to deposit $200 million worth of gold and find it seized because of a losing futures bet.

The more I think about it, the more it does seem like a way of guaranteeing sudden moves in gold, especially on the downside.

Much as I hate being in cash, I may start keeping a cash balance especially for the purpose of jumping in (not on margin, fully paid) in the event of what looks like a drop caused by forced liquidation.



To: Nevada9999 who wrote (19786)10/20/2009 10:59:17 AM
From: forceOfHabit  Respond to of 29622
 
Nevada,

I'm not sure I believe this is their reason myself, but in the event of a currency crisis or hyperinflation its a small step from allowing gold as collateral to requiring gold as collateral.

habit