GOLD gold futures
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fuse lit on jpms $trillion interest rate swaps, page-26

  1. MrGordon
    12,108 Posts.
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    26/05/12
    16:59
    Post #: 10227748
    why spend $1560 an ounce to make $156 buying the physical when you can post collateral of $176 and make the same amount on a futures contract?
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    The answer to that question is because you cannot get in over your head. If the POG crashes it may leave a nasty taste in your mouth whereas those that are highly leveraged hoping to MAKE the same amount with less outlay can leave a nasty taste in many mouths as they often use others money to LOSE the same amount.
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