JPM CASH FOR GOLD! Use gold as collateral!

3,274 views · Published 10 February 2011 · 1:39 · Indexed 25 October 2026

Channel: Davinci Jeremie · 2011 · Education

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JPMorgan takes gold collateral, inflation in focus
http://www.reuters.com/article/2011/02/07/jpmorgan-gold-idUSLDE7161IO20110207

J.P. Morgan Chase (JPM.N) said on Monday it would accept physical gold as collateral with its counterparties as a growing number of clients look to use bullion as a hedge against inflation.

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