CHICAGO EXCHANGE OFFERS LONDON OTC SILVER DELIVERY

July 18th, 2012 → 5:09 pm @




CME Group extends “over-the-counter” clearing services to London silver products in move to regain lost market confidence Wednesday July 18, 2012 As reported by Reuters on Tuesday, pending regulatory approval, Chicago-based CME Group will begin on August 6 to offer clearing, settlement, and delivery for over-the-counter (OTC) London silver forward (futures) contracts.  This new product line for the U.S. exchange will be an extension of the CME Group’s OTC London gold clearing services which were launched in February. The new clearing services are a last-ditch effort by the Chicago exchange to respond to increasing customer demand for some kind of
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Blog &The Silver Bomb

SILVER PRICE RELOADS IN ADVANCE OF SUPER-SPIKE RALLY

June 24th, 2012 → 6:30 pm @




Sunday, June 24, 2012 By the SilverBombSquad After a momentary surge in anticipation of the effect announcements from last week’s FOMC meeting would have, the spot silver price has continued slipping from the $48.00 an ounce peak seen last year.  This has made many investors leery of possible further losses if the trend should continue. The price of silver seemingly cannot even be discussed without the inevitable use of the “v” word.  Over and over we hear it as the central theme of the repetitive “silver prices are volatile” litany, particularly from those who are incorrigibly bearish toward the white
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Blog &The Silver Bomb