Registered: Apr 2002
11-02-12 12:32 AM
Much ado about nothing. I am sure that the Fed is holding that Gold as a courtesy, and that the Fed would much rather return it than audit it from a logistical standpoint. It's not like the Fed is earning anything by holding it - quite the contrary, I am sure that the infrastructure and the support to maintain that vault system and staff the security is an expensive budget item.
Spread, Relative Value, and Correlation Trading Instruction from a Professional Trader. The only thing that matters are Clients making money IN LIVE MARKETS. Why not interview my clients for yourself on an independent basis. My typical client is an outright directional trader looking to pick up an industry-recognized specialty technique. http://www.spreadprofessor.com