29.04.2010 - Derivative overhaul is powerful for physical metals
From Resourceinvestor.com: As Congress looks to pass a financial overhaul bill to prevent a second coming of the Troubled Asset Relief Program and another financial crisis, one of the biggest winners are holders of physical precious metals. Language in the bill meant to reduce the volume of the derivatives market could send the price of physical metals soaring. Physical precious metals investors around the world know that the gold and silver markets are at best over inflated and at worst manipulated. A reduction in the amount of derivatives bought, sold and issued would reduce the amount of “paper” gold and silver trading in the system........................................Full Article: Source
Print