No crypto for me. Too dangerous.

[DFW]

30. A margin call would do it, however...

The way the post was worded, it sounded like what was meant was losing 80% of an investment, with only 20% left.

Gold positions on paper can indeed be traded. And, it is almost universally accepted that there is much more gold being traded than could ever possibly be delivered if all paper positions were called in. That would be one way to see the price of gold triple, although if that happened, street thugs would be cutting off people’s ring fingers to get at their wedding bands. As it is here in Europe, cops aren’t even reacting any more to street thugs ripping gold chains off the necks of women and girls. When it brought $75, they didn’t bother. Now that the same tiny chain brings $750, they bother.