Click here to get this article in PDF
YahoonFinance/Bloomberg-Archie Hunter and William Manthis/3-24-2022
“Whipsawing commodity prices and eye-watering margin calls are forcing traders to reduce their activity, driving liquidity out of markets and exacerbating price swings, according to some of the world’s biggest trading houses.”
USAGOLD note: This report sheds light on a situation that previously was developing under the radar. These are the sorts of problems the Fed has stepped in to defray in the past with quick liquidity. The worry here is the potential contagion effect as margin calls beget margin calls. The potential for a major crisis looms……Beware the black swan.
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.