Precious Metals and Shipping: Some Recent Developments [View article]
This unfair "mark to market" rule results in distorted values of physical assets, and is one of the major culprits in the current crises in real estate and other sectors. It must be abolished and replaced by a "mark to cost" rule.
Right on! Couldn't have said it better myself. The only benefactor in mark to market is the untaker and the shorts.
Precious Metals and Shipping: Some Recent Developments [View article]
Right on! Couldn't have said it better myself.
The only benefactor in mark to market is the untaker and the shorts.