Don't get mad at me, it was your comment. I didn't force you to write that.
Steve you're right, ultimately Gold is a trading instrument.
When my wife gets in the car, she pushes the accelerator and the car goes. She knows it periodically needs gas. That's about the extent of her...
Bingo. Fortunately there hasn't been a crisis that triggered a run on dollars in several decades, but don't let the relative calm fool you. A paper dollar bill--and therefore all paper assets--have no intrinsic value at all. We happily exchange them just on custom, blind faith, and because...
Higher margin requirements for energies futures would immediately affect prices. The small traders would obviously be affected, but then CTAs and hedge funds would as well. Most CTAs are only committing about 30% of available equity to maintain positions due to risk management and basic...