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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (108370)	3/27/2018 12:10:12 PM
From: Rarebird	Read Replies (1) \| Respond to of 116823

The carry trade is extremely risky (and dangerous) on two fronts: if the bank invests in long term bonds and the interest rate goes up, the trade can be unprofitable. Secondly (and even more risky), if the POG rises in value, the CB can call in the loan and the bank will have to go into the market and purchase the gold at a higher price. The unwinding of the carry trade can in theory wipe a bank out. It is definitely not a safe trade. Now you are going to tell me that the Fed supports the carry trade by keeping the POG under control and is in collusion with the bullion banks?