Is The COMEX Manipulating Gold Margins To Mask Silver Supply Deficits? http://news.coinupdate.com/is-the-comex-manipulating-gold-margins-to-mask-silver-supply-deficits/
Consider that they may be lowering the margins so the manipulators can short gold much more cheaply.....
So the owners of the market place who are allowed by their own rules to change margins and the players in the market have agreed to it (while not paying full price for metals) are being manipulated? O.O Maybe we are allowing ourselves to be manipulated by a market that does not in any way reflect physical supply and demand. So why are we choosing to be manipulated? And blaming them while we play victim? LOL Why is COMEX setting your prices?
The interesting question should be, will the HKMEX follow comex's lead. Something interesting was happening last week where the price of gold at Comex & HKMEX where different. I think whats more alarming is the following: Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15 One small step toward Executive Order 6102 part 2, and one giant leap for corruptcongressmankind. "We wanted to make you aware of some upcoming changes to FOREX.com's product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011. In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET. We encourage you to wind down your trading activity in these products over the next month in anticipation of the new rule, as any open XAU or XAG positions that remain open prior to July 15, 2011 at approximately 5:00 pm ET will be automatically liquidated." Source - http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
Conflict free standards - World Gold Council http://www.gold.org/about_gold/sustainability/conflict_free_standards/
Yep. that's what it's TRYING to say.... "The prohibition of Section 742(a) does not apply, however, if such a transaction results in actual delivery within 28 days, or creates an enforceable obligation to deliver between a seller and a buyer that have the ability to deliver, and accept delivery of, the commodity in connection with their lines of business" Truth be told. This legislation 'reads funny' with numerous exclusions and vague implicit (rather than explicit) sentences. Almost like it's been written by someone unfamilair with 'policy' Or another way of saying it is that.... It's got to be a hoax! The Dodd-Frank Act doesn't stipulate what the FOREX have interpreted it to mean. That's like adding 2+2 and coming up with 5!