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PFGBest
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07-09-2012, 07:32 PM
Post: #1
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PFGBest
Following the failure of MF Global, commodities in general took a hit as traders got a wake up call to that little detail called counter party risk. Now that there is another failure, will traders unleash a flood sell orders to get their money out? PFGBest is much smaller, but just the fact that it is another trading house failure might start getting more people's attention.
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07-10-2012, 10:07 AM
Post: #2
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RE: PFGBest
I agree, there is just not a good reason to be in paper assets. Especially, as our world financial system unwinds and countries turn protective of their wealth. People are in for a wake up call.
Those who are unwilling to invest in the future haven't earned one. ~H.W. Lewis |
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