Open Thread


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  1. “BIF – your new job is very inconvenient for the PLUSA’s. They are interfering with your OT posting and something must be done.”

    Would it be too obvious if I moved my desk and computer to the supply room or coat closet? Maybe in my negotiations with Canada last week, I should have demanded they include in their offer a pre-fab igloo for me to hide in here when I feel like posting.

  2. No it is, BHO. If you get a divergence, i.e. physical market drops and futures don’t, dealers just buy physical and sell gold futures and deliver the gold against futures. It is the easiest cash/physical transaction to do in commodities.

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