China Gains Approval to Begin Trading Silver Futures

[Dynoman]

Could be good for the short term Silver price?

China Gains Approval to Begin Trading Silver Futures

http://www.marketwatch.com/story/china-gains-approval-to-begin-trading-silver-futures-2012-05-24

 

[thatguy]

Could be good for the short term Silver price?

China Gains Approval to Begin Trading Silver Futures

http://www.marketwatch.com/story/china-gains-approval-to-begin-trading-silver-futures-2012-05-24

I think bad*, If I was china I would short the paper and pick up the physical directly from the miners cheap (including mining stocks)

*If by bad you mean lower spot price, for me lower spot price = GOOD! still accumulating

 

[Water&Food]

oh shyt we are dooomd :O

good on them
if america and euro can speculate and manipulate why not the rest of the world

since i assume, based on left brain, PRC is anti-USD, then this can only mean GOOD NEWS (up till the complete collapse of USD/EURO).

anything that will encourage driving up 'demand' and expose more holes, got my vote for office

HKMEx is gonna rock
.

 

[Goldmember]

How will this effect silver prices?...will it combat what the USA manipulation of the POS?

 

[Water&Food]

more manipulation means more attention from zerohedge which means more paranoid stackers accumulating more... that and market demand

would be interesting to see what their minimum contracts are cause im cheap bastrd

 

[upandaway]

It's a futures exchange.