Re: ????

Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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cantjustread

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Re: ????

in response to

Re: ????

richiedoc

posted on Oct 13, 2008 03:15AM

richie, is it possible that margin calls "marketwide" caused forced selling in the gold ETF's? kinda looks that way to me...

i'm not sure why there would be margin hike's in gold as gold has'nt declined (+/- 30%)...i think fridays drop was liquidation to raise funds for margin calls elsewhere....imo