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<p>[QUOTE="fatima, post: 1582230, member: 22143"]Silver & Gold futures are not traded on the Chicago commodity markets like standard commodities nor the Nymex industrial metals market like standard industrial metals. Instead, Gold and Silver futures have their own unique market, the Comex, with special rules that only apply to them. The Comex specifically takes into account the monetary aspects of these metals. </p><p><br /></p><p>People (not saying you) often get into trouble when trying to explain Gold & Silver futures trading because they don't understand this fundamental difference. It's nothing like the trading of pork bellies. Anecdotes to such commodities are logical non sequitur yet it's very common on Coin Talk for such comparisons to be made as absolute fact. </p><p><br /></p><p>Because of these differences, it's possible for positions to be taken that don't reflect the reality of supply which are not possible with standard commodities like corn, pork bellies or anything else grown or dug up and consumed. Only strict enforcement of rules, regulations and financial laws make sure this doesn't happen. Now we all know how this works with the finance industry of late. So no conspiracy theories, no tin foil, no umbrellas, no chicken little. It's a question of financial abuse, nothing more, nothing less.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1582230, member: 22143"]Silver & Gold futures are not traded on the Chicago commodity markets like standard commodities nor the Nymex industrial metals market like standard industrial metals. Instead, Gold and Silver futures have their own unique market, the Comex, with special rules that only apply to them. The Comex specifically takes into account the monetary aspects of these metals. People (not saying you) often get into trouble when trying to explain Gold & Silver futures trading because they don't understand this fundamental difference. It's nothing like the trading of pork bellies. Anecdotes to such commodities are logical non sequitur yet it's very common on Coin Talk for such comparisons to be made as absolute fact. Because of these differences, it's possible for positions to be taken that don't reflect the reality of supply which are not possible with standard commodities like corn, pork bellies or anything else grown or dug up and consumed. Only strict enforcement of rules, regulations and financial laws make sure this doesn't happen. Now we all know how this works with the finance industry of late. So no conspiracy theories, no tin foil, no umbrellas, no chicken little. It's a question of financial abuse, nothing more, nothing less.[/QUOTE]
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