Not Now Sufficient Metal For Comex Futures Action

To participate in the forum you must log in or register.

Author	Replies: 5 / Views: 1,427
stewart Pillar of the Community United States 1126 Posts	Posted 04/28/2011 4:26 pm Very interesting article Just thought I would share there are not now sufficient metal resources to cover very much of the COMEX futures action Quote taken from 3/4 way down the article http://www.gotgoldreport.com/2011/0...er.html#more Look at JP Morgans Registered Stock versus it's eligible http://www.cmegroup.com/trading/ene...r_Stocks.xls Updated to add COMEX Registered Silver Inventory Falls Even Further Article from Thursday, April 28, 2011 http://www.gotgoldreport.com/2011/0...er.html#more Edited by stewart 04/28/2011 4:51 pm Report this Post to the Staff

Maineman750 Pillar of the Community United States 3592 Posts	Posted 04/28/2011 6:36 pm My take on all articles of this type whether stocks,PM's, oil prices....they are designed to manipulate. Report this Post to the Staff
stewart Pillar of the Community United States 1126 Posts	Posted 04/28/2011 7:10 pm Quote: My take on all articles of this type whether stocks,PM's, oil prices....they are designed to manipulate. Amen to that Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 04/28/2011 9:34 pm Quote: My take on all articles of this type whether stocks,PM's, oil prices....they are designed to manipulate. That is very likely to be the case. It's also possible that some of the articles out there are meant to educate and inform, rather than manipulate. In those cases, the people putting them out will neither be selling the items upon which they are commenting nor selling advice on how to buy, sell, or trade them. The rule that I usually follow in such cases is that, "free advice is usually worth what we pay for it". Report this Post to the Staff
mitchhailey Pillar of the Community United States 1150 Posts	Posted 04/29/2011 03:09 am I agree. However, even articles that are meant to 'inform' are by their very nature manipulating the market in some form or manner. We are all human and when we take in information of any sort we make decisions about it and act on it (or don't act on it) in some way. So all information affects markets if you really think about it. But that is why I love the internets! Info overload! I'm a news junkie and it helps me make balanced and informed decisions. Anyway...what were we talking about? lol I should really be sleeping and not messing with around on the forum. Report this Post to the Staff
Ceylon62 Pillar of the Community United States 1285 Posts	Posted 04/29/2011 06:10 am Vast majority at what goes on at the comex and or other commodities trading platforms is Hedging. Positions are a moving target opened / closed on a regular / daily basis. Here is an example - Someone who has Physical silver at their bank vault (lets call it LOT A) shorts the same amount (LOT A) at comex. So yes that amount (LOT A) is NOT at comex. But LOT A is deliverable IF the contract is NOT closed out. Consider the source of these articles and their agendas -- long or short. Most importantly be hedged and DYODD. Report this Post to the Staff
	Replies: 5 / Views: 1,427

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.