The Hong Kong mercantile Exchange HKMEx starting next Wednesday the 18th they are going to start trading 1 kilo gold futures a kilo is 32 ounces and you will be able to get delivery and they are going to probably take at least for openers 20 to 30 percent of the business away from the COMEX...from now on and with the HKMEx in business it will be more difficult for the COMEX to rigg the market and manipulate the prices of gold and silver
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Monday, May 9, 2011
Bob Chapman : the Honk Kong mercantile Exchange HKMEx is starting soon
BOB CHAPMAN - Gonob Radio - 9/MAY/2011
Bob Chapman : Silver and gold have bottom , and even if they did not it does not matter because you know what's coming up the Honk Kong mercantile Exchange HKMEx next Wednesday the 18th they are gonna start trading 1 kilo gold futures a kilo is 32 ounces and you will be able to get delivery and they are going to probably take at least for openers 20 to 30 percent of the business away from the COMEX...
Gold Silver and Oil Basing? 5/9/2011
Gold Silver and Oil Basing? Andy Busch, BMO Capital Markets and the Fast Money traders weigh in on which trades you should put down today.
stocks at the highs of the day as commodities lead the way. oil and silver rebounding. oil passing that $100 level in the middle of the day. pete, are you a buyer? i think we were all looking for some sort of a base after that huge dramatic pullback last week. we talked about that -- some of that double short in silver. when you look at some of these, you start to finally see some folks who said, enough is enough, maybe we've reached the lower ends and we're going to pause on the downside. the margins, liquidation, putting the pressure on the commodities. we have to see the rest of the week.
stocks at the highs of the day as commodities lead the way. oil and silver rebounding. oil passing that $100 level in the middle of the day. pete, are you a buyer? i think we were all looking for some sort of a base after that huge dramatic pullback last week. we talked about that -- some of that double short in silver. when you look at some of these, you start to finally see some folks who said, enough is enough, maybe we've reached the lower ends and we're going to pause on the downside. the margins, liquidation, putting the pressure on the commodities. we have to see the rest of the week.
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