Discussion in 'Metal Futures' started by chewbacca, Sep 14, 2008.
will there be any repercussions in the metals complex?
i think they will go down along all markets...
unwinding of overleverage...
i don't think gold will go up as a safe haven...
we have been down this road before
( i.e. BSC and FRE / FRN )
but from much higher gold price levels than this
No. Metals will fall with the energies. You've used up your limit of LEH-related threads.
Concur. But good luck buying the physical these days!
ET FACTOID :
crude minus 1 1/2 - 2 %
gold plus 2 - 2 1/2 %
Separate names with a comma.