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