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To: arete
Saw an article on the rule changes in the PM market. They just raised the amount required to cover contracts. Should drive some small players out, gold took a nice drop about the same time. Seem to be attempting to force small time long players out.

Article was on Kitco, seen anything on it Richard?
3 posted on 02/06/2003 10:57:25 AM PST by steve50 (forget the tar and feathers, get a rope)
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To: steve50
I haven't seen anything on it but it would make perfectly good sense for them to rig the market against the small player who JUST MIGHT WANT TO TAKE DELIVERY.

Richard W.

4 posted on 02/06/2003 11:17:18 AM PST by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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