2 ms·
Repo's, gold certificates etc. Good luck getting "your" physical allocation if everyone tried to take delivery of "there" of the underlying assets all at once.
by phyalow 14y ago
Repo's, gold certificates etc. Good luck getting "your" physical allocation if everyone tried to take delivery of "there" of the underlying assets all at once.
- daniel-cussen 14y agoThis is the original form of a bank run: everybody wants to cash the goldsmiths oversold certificates at the same time.