US OTC Gold trade ban from 15th July

Discussion of the Gold portion of the Permanent Portfolio

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Clive

US OTC Gold trade ban from 15th July

Post by Clive »

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Last edited by Clive on Mon Jul 04, 2011 7:29 pm, edited 1 time in total.
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foglifter
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Re: US OTC Gold trade ban from 15th July

Post by foglifter »

Clive wrote: Considering the relatively wide discussions elsewhere, but no apparent reference on this board, I thought I'd post this link

http://www.zerohedge.com/article/tradin ... ng-july-15
"leverage or margin" - maybe that's the key word? That is buying/selling PM with non-borrowed money is probably exempt. Otherwise this surely would be in the news. And on this board.
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
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