The impact of de-leveraging on gold

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The impact of de-leveraging on gold

posted on Mar 22, 2008 08:14AM

http://www.marketwatch.com/news/story/hedge-funds-leaving-bear-may/story.aspx?guid=%7B16A32981-E9D4-4FC3-A7C5-6B6134B5A110%7D

"For instance, some hedge funds that moved their brokerage business from the floundering Bear Stearns Cos. last week may be facing tougher borrowing requirements at their new firms, experts say. That kind of credit tightening could force sales of more profitable positions, like gold futures."

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