trading gold/ silver to be illegal beginning july 15, 2011?

Q

qwert

you can google it ... maybe time to get some pvc pipe and a shovel and bury the silver. not that ground penetrating radar couldnt find it/ metal detector
 
Most "news" on the Web refer to a single E-mail from forex.com. Here is some clarification:
The trading of over-the-counter gold and silver will NOT become illegal. The sources you link indicate,

* That coming restriction on gold and silver trading OTC only applies to margin and leveraged transactions. No more virtual trading in the shady OTC market.

* The legislation doesn't apply to physical transactions of real gold and silver, such as coins regardless of the market.

* The legislation doesn't apply to transactions where physical delivery takes place within 28 days.

* The legislation doesn't apply to conventional precious metals markets where there is more regulatory oversight.

To me, this is another piece of regulation that restricts the scumbags that put the world into financial crisis a couple of years ago. Think about the millions of people with foreclosed homes when you rage about legislation like this.
More...
http://www.theeestory.com/topics/8659?page=1#p195151
 
Quote from LeeD:

Most "news" on the Web refer to a single E-mail from forex.com. Here is some clarification:
http://www.theeestory.com/topics/8659?page=1#p195151
More...

You are such a fraud

you are clearly a government/FED apologist with a salary to monitor internet

If this new rule is true

Instead of using your pretty little brain to tell us how this is an obvious beginning of attempt to curb gold and silver bull market just like raising margin requirements almost 5-6 times in 9 days was also an attempt.

You are here to tell us how this is nothing to be worried about

Go home nothing to see here LOL

I hate sellouts, traitors. I hate traitors more than enemies, because traitors betray their own people.
 
I hate users who continue to come back after being banned over and over again with new monikers, yet touting the same bullshit despite being told to fuck off.

yeah.
 
Quote from total_keops:

Can't find where I read that over the w-e right now but I guess this is why CMC markets stopped offering "futures" on gold.
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Good point. Spreadbetting "futures" (or any other financial spreadbetting products for that matter) are contracts for difference and thus exactly "over the counter" (OTC) contracts the new regulation refers to.
 
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