Trading Of Over The Counter Gold And Silver To Be Illegal

everything that doesn't belong elsewhere cometh here

Moderator: moderators

exhuman
rank: <50 posts
rank: <50 posts
Posts: 1
Joined: Sat Jun 11, 2011 3:55 pm
Reputation: 0
Location: Split
Gender: Male

Trading Of Over The Counter Gold And Silver To Be Illegal

Postby exhuman » Sun Jun 19, 2011 8:30 am


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
adaseb
rank: 500+ posts
rank: 500+ posts
Posts: 871
Joined: Fri Aug 21, 2009 5:20 am
Reputation: 0
Gender: None specified

Postby adaseb » Sun Jun 19, 2011 10:18 pm

I guess that might burn a few people on here with this news. There is a few regulars on this forum that trade Silver that reside from the US.

The next best thing would probably be to just trade the actual stock on the NYSE. The only problem with this is the small leverage, which is typically 1:3 for stocks and if you are in the USA you need to have at least $25000 in your account to day trade. Or else after 4 daytrades you get banned for 90 days.

Either that or trade the futures contract but with a margin requirement of $20K for a single contract (5000 oz) and a large tick value, it might not be an option for small investors.

I guess the government screwed the people once again.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Jun 20, 2011 1:30 am

It appears that the ban applies only to paper metals, one can still deal in actual (ie unleveraged) metals.

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

JamesBalfour
rank: <50 posts
rank: <50 posts
Posts: 8
Joined: Mon Jul 25, 2011 11:11 am
Reputation: 0
Gender: Male
Contact:

Best Penny Stocks

Postby JamesBalfour » Mon Jul 25, 2011 11:20 am

Penny stocks among other stocks to earn money and opportunity to become the stockholder of a company. Penny stocks are not costly to deposit, but very effective if you want to become a big stakeholder of a company.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”