Since gold and silver are going to be banned in the USA | Metals Mine

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Since gold and silver are going to be banned in the USA

  • #1
  • First Post: Jul 13, 2011 8:02am Jul 13, 2011 8:02am
can i still trade gold and silver through other means other than physical bullion?
The trend is my friend? The world casino is my friend!
  • #2
  • Jul 14, 2011 8:08am Jul 14, 2011 8:08am
NYMEX Futures
  • #3
  • Last Post: Jul 16, 2011 3:02am Jul 16, 2011 3:02am
Correct,
NYMEX -

COMEX division has gold and silver. Much larger margins than FX and more rules and regs.

This is part of the reason they are stopping FX dealers from offering it, they are calling it CFD trading, which is illegal in the US partially due to the size of the actual real market.

For instance, not every Euro nation has a commod exchange. Anyone in the US with a seat on the exchange or thru a broker can access comex/nymex and globex for afterhours trading.

NY metals pit trading ends around 1:30 PM. London sets a price fix used mostly all over the world besides NY twice a day for spot metals in USD.
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