http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15 http://www.tfmetalsreport.com/blog/turd-confused/591 This could be a good thing in that it might buy us more time to acquire metals at discounted prices. Either way, its sure to cause alot of discussion. Makes sense now why that extra 10million short position appeared just recently, can't find the link (may be via TURD or zerohedge).
I dont really know what to make of this , are they trying to reduce the amount of paper trading ? are they trying to stop manipulation by the use of the clause stating 28 day delivery . Surely they are not outlawing allocated accounts . I wonder what that means for price movements ?
