09.02.2011 - Gold may get boost from collateral use, MF Global says
From Bloomberg: Gold may get a boost as JPMorgan Chase & Co. joins the two biggest U.S. futures markets in allowing the metal to be used as collateral for trading, according to MF Global Holdings Ltd. JPMorgan said yesterday it will accept bullion as more clients seek to use gold as an inflation hedge and to post as collateral. CME Group Inc. in October 2009 allowed bullion’s use as collateral, and Intercontinental Exchange Inc. followed last year..............................................Full Article: Source
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