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| Well, I sure hope it is supportive to metals. I am long gold @ MF Global. As of just a minute ago was told by them (again) that they are accepting market orders only. They won't even put in
a stop for you. He also said they are accepting paperwork for "transfer of funds" out of there but no money is allowed to leave as of yet. Back to the gold position, if you get out you are
not going to be able to get back in using MF Global. I think the correction is over in gold but who the hell knows?? GCZ is 40 dollars off this mornings lows. What is starting to bother me
about all this is the length of time that it is taking to get a trustee in place. The more time it takes the less likely that there will be a soft landing imo. If the gold position makes money and
you can't get it out of there or its gone what good did it do to be right. However if gold collapses and your account goes negative do you suppose they would leave you alone??? Yeah, me too. Buford | |
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