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<p>[QUOTE=&quot;fatima, post: 1474667, member: 22143&quot;]To be clear, The CME Group is not the CME where farm products are traded.&nbsp;&nbsp; The CME Group is the parent company of the CME and Nymex.&nbsp; The CME is the commodities exchange located in Chicago.&nbsp; Nymex is in NY and runs the Comex and the NY Mercantile Exchange.&nbsp; I stated this in <a href="http://www.cointalk.com/t208467-5/#post1474193" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t208467-5/#post1474193">This Post</a>.&nbsp; In 2008, the CME Group bought Nymex but continues to operate it as a separate entity.</p><p><br /></p><p>Because they are so unique, the only thing traded at the Comex are Gold, Silver and Copper.&nbsp; All other metals, for that matter anything dug out of the ground except for gold, silver &amp; copper along with all energy products are traded at the Nymex.&nbsp; Of course agricultural products are handled in Chicago.&nbsp;&nbsp; This should put to rest that Gold &amp; Silver are simple commodities like corn and thus are analogues (as constantly suggested here ) of each other.&nbsp; These futures are so different, they have their own unique exchange.</p><p><br /></p><p>It is surprising that so many here, who claim expertise and experience with commodities, did not seem to know this.&nbsp; (well....&nbsp;&nbsp; not really <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> )[/QUOTE]</p><p><br /></p>

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