On Sat, 20 Jul 2013 16:53:55 -0700, "Howard Beal"
wrote:


"Ed Huntress" wrote in message
.. .
On Sat, 20 Jul 2013 17:53:08 -0500, Ignoramus8648
wrote:


snip

My best understanding of the story is that the storage costs are
imposed on commodity speculators who own metal and use it as
collateral, but do not hold it themselves. My heart does not really
hurt for them.

One more thing: The bottom line on all of this is that it has cost us
consumers over $5 billion over the past three years.

--
Ed Huntress

Bunky Hunt redux with different metals.

Think they will get a bailout when it blows up?

If I were king, they'd be beheaded, not bailed out.



Will Bernanke buy up those troubled assets?

Yeah, with our taxpayer money.

--
The Road to Success...is always under construction.
--anon