J.P. Morgan to Accept Gold as Repo Collateral

Discussion in 'Wall St. News' started by Banjo, Feb 7, 2011.

  1. Banjo


  2. 1) When financial institutions accept "hard" currency as collateral, does it mark the end of a major trend or continuation of the trend? :confused: :eek:
    2) I'm not sure how long ago the CME began to accept gold as margin collateral but the same logic applies. :(
    3) Gold seems to be showing signs of having topped out.....if it doesn't rally anymore, (confirmation of the obvious). :D