| 10.11.2011 - Why you should hold some gold bullion: Lessons from MF Global |
| This Halloween, one of the scariest horror stories imaginable befell many of us. MF Global, a major trader in commodities in derivatives, lost seven hundred million dollars over the weekend and filed for Chapter 11 bankruptcy. Only a week prior, MF Global reported a $191.6 million quarterly loss as a result of trading on European government bonds. In response the company’s credit ranking dropped to low amounts...............................................Full Article: Source |