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Post# of 63744
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goldismoney1

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goldismoney1

Re: VSAStory post# 55738

Thursday, 08/11/2016 9:34:48 AM

Thursday, August 11, 2016 9:34:48 AM

Post# of 63744
My accountant buddy explained it to me, BAA when they signed the gold forward agreements to sell gold at a specific price which is now lower than the current price causes these transactions to "create a loss" because we theoritically could have sold the gold higher.
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