Gold gold gold

ilnjscb

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Join Date: Jun 2009

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#1

Gold gold gold

04-19-2011, 05:18 AM

Now people are starting to exercize their options and take delivery of gold? Note that only 5% of paper is covered by actual commodity. Each delivery of underlying reduces 20 times that amount of paper to worthlessness.

http://www.bloomberg.com/news/2011-0...gold-bars.html
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onwebcam

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Join Date: Oct 2005

Posts: 27689
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#2

04-19-2011, 05:26 AM

I'm more concerned with the fact that a university who likely charges it's students out the ass to attend is sitting on such a gold mine.

PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF.....
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