donderdag 3 mei 2012

China about to start trading in gold and silver futures

In one of my previous articles about silver, I told an anecdote about how it was impossible to buy silver in China and Hong Kong. There was little to no incentive from the Asian public to even look at silver.

Little by little, a trend change is emerging. China approved silver trading on the Shanghai Futures Exchange on 26th April 2012. This will increase the liquidity in the silver market in China and is a first step into combating the manipulation of silver. The trading of silver futures will start on 10 May 2012. Additionally, PAGE is starting to trade in June 2012.

To read my analysis go to: China Initiates Gold and Silver Futures Trading.

For more background info go to this article: http://samcheekong.blogspot.com/2012/02/page-which-stands-for-pan-asian-gold.html

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