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<p>[QUOTE="desertgem, post: 1270971, member: 15199"]I should have added, that if you use the numbers above, an $11,475 speculation will allow you to hold 100 gold. When gold went up from 1700 to 1900, $200 oz x100 = $20,000 gain on paper. They are smart, and they will close out many contracts and take their cash and run when they see a downfall coming. Too many seller and very few buyers and the price will sink. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1270971, member: 15199"]I should have added, that if you use the numbers above, an $11,475 speculation will allow you to hold 100 gold. When gold went up from 1700 to 1900, $200 oz x100 = $20,000 gain on paper. They are smart, and they will close out many contracts and take their cash and run when they see a downfall coming. Too many seller and very few buyers and the price will sink. Jim[/QUOTE]
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