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Article: Zerohedge: Changes coming May 18th, To End Comex Gold Futures Trading Monopoly

DAK
edited May 2011 in Off-Topic
Hong Kong Mercantile Exchange's 1 Kilo Gold Contract To End Comex Gold Futures Trading (And "Bang The Close") Monopoly
http://www.zerohedge.com/article/hong-kong-mercantile-exchanges-1-kilo-gold-contract-end-comex-gold-futures-trading-and-bang-

Comments

  • Howdy DAK,

    Great stuff. I cut back my paper play this past week as my stops were broken but am looking to add physical at these sale prices. I need to get some annual coins and this looks like it might be a good time. Soros and Slim, seasonality, margin reqs increases, being up 150+% over the past year . . . it crashed 26%?!? Duh. I'll wait to see it reverse before scaling back in and it might be this fall before it rallies. If at all, be long by labor day.

    peace,

    rono
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