will LEH affect the metals?

Discussion in 'Metal Futures' started by chewbacca, Sep 14, 2008.

  1. will there be any repercussions in the metals complex?
  2. JamesJ


    i think they will go down along all markets...
    unwinding of overleverage...

    i don't think gold will go up as a safe haven...
  3. we have been down this road before

    ( i.e. BSC and FRE / FRN )

    but from much higher gold price levels than this
  4. No. Metals will fall with the energies. You've used up your limit of LEH-related threads.
  5. Concur. But good luck buying the physical these days!

    time check

    18:38 EST

    crude minus 1 1/2 - 2 %

    gold plus 2 - 2 1/2 %