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Message: Re: "Busting" NYComex
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Nov 12, 2008 04:49PM
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wpgmoney
Nov 13, 2008 04:46AM
Icon president "Busting" NYComex
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Nov 13, 2008 06:34AM
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rufdiamond
Nov 13, 2008 03:33PM

Re: "Busting" NYComex

posted on Nov 13, 2008 07:06PM

My understanding is that the Comex contracts are such that the exchange can force a buyer to accept cash in place of the physical metal, though they never do this to 'industrial' buyers. I'd be happy to hear further confirmation or a refutation of this.

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