J.P. Morgan to Accept Gold as Repo Collateral

Quote from Banjo:
....wsj.com......
More...
1) When financial institutions accept "hard" currency as collateral, does it mark the end of a major trend or continuation of the trend? :confused: :eek:
2) I'm not sure how long ago the CME began to accept gold as margin collateral but the same logic applies. :(
3) Gold seems to be showing signs of having topped out.....if it doesn't rally anymore, (confirmation of the obvious). :D
 
You must log in or register to reply here.
Back
Top