I am sick of trading silver mines (most of them underperforming the metal) and I am looking for the leverage that the Forex with XAG gives but....
I could find NO information about XAG besides the fact it is the "spot" silver price.
Which contract is it? is it like buying unallocated silver i.e. not backed by anything?
Does XAG have any relationship with LBMA?
XAG must be correlated with the COMEX Silver price: what happens to XAG if the COMEX defaults on Silver deliveries?
Can they stop XAG trading?
How about counterparty risks?
Thanks!!!
I could find NO information about XAG besides the fact it is the "spot" silver price.
Which contract is it? is it like buying unallocated silver i.e. not backed by anything?
Does XAG have any relationship with LBMA?
XAG must be correlated with the COMEX Silver price: what happens to XAG if the COMEX defaults on Silver deliveries?
Can they stop XAG trading?
How about counterparty risks?
Thanks!!!