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murray t turtle
 

Registered: Dec 2001
Posts: 6300

 

01-18-12 10:40 PM


Quote from Vortex:

Hello!

We are looking into trading both gold and silver.
This may sound like a total newbie question...
Is there something like a spot market for these?

I looked at the volumes traded for Silver on CME and it seems to me very little for all the fuss I hear about Silver trading and Silver traders!


Sorry for the dumb question but thanks for the help!


=============
Mr V-TEX
Good question.
yes, plenty of good silver, gold spot markets in USA, TX

Excuse me for asking another ''dumb question '';
is your CME '' silver volume on'',near your bottom of chart .LOL. [a joke, actually, even on volume month contract.]

Actually , to tell truth , SLV,siver buy volume is quite weak,
compared to 2011. Silver Sell volume,2012, is notable weaker also .

So let me put it this way.
Jim Rogers/investor/fundmanager[not a trader] did NOT really mention silver,like he did gold, much in his Hot Commodity book Except for silver % in ;
1] GS commodety index
2] DJ commodity index
3 ] Rogers commodity index
4]Forgot the 4th index.

Not a prediction;
may see SLV,silver volume up tick a tad around $ $22-$!8/+.
Silver Standard Resource, Argintina mine, noted that was thier cost in 2010+/.Not a prediction, simply wisdom /wise probabilities

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Vortex
 

Registered: Jan 2012
Posts: 34

 

01-19-12 01:11 AM

Hello Murray!

Thanks for all that - you may say I am a newby, even though I am a fund manager! We are highly experienced in spot forex for the last 15 years, but I am totally out of my depth with gold, silver, ETF's and futures (to a lesser degree). So I do need some help. Err, what is DGP, for example?

It is essential for our approach to only trade instruments which offer near-24 hour trading to avoid gaps between sessions (days). Are ETF's in this category?


PS: I have noticed your Turtle-handle, I assume trend follower? I tip my hat, sir.

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ogarbitrage
 

Registered: Mar 2008
Posts: 786

 

01-19-12 12:43 PM

Vortex I am for hire if you need a commodity risk manager in Zug/Geneva/Zurich/Berne.

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Vortex
 

Registered: Jan 2012
Posts: 34

 

01-19-12 04:24 PM


Quote from ogarbitrage:

Vortex I am for hire if you need a commodity risk manager in Zug/Geneva/Zurich/Berne.



Ah, thank you ogarbitrage. However, we are highly systematic in our approach and regardless of instruments our systems allow us to simply add, and add, and add without any impact on the two founding partners.
You are most certainly in the correct area for your speciality, especially Zug.

Best of luck to you.

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HATEtheRisk
 

Registered: Aug 2011
Posts: 1587

 

01-22-12 11:42 PM

Forget silver if you can trade gold.

Gold is the no. 1. High volume trading all the time.

Nobody needs silver anyways.

Trade it on Spot or as futures, no difference, price is always the same. LOL.

Good luck

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ogarbitrage
 

Registered: Mar 2008
Posts: 786

 

01-23-12 02:52 AM


Quote from HATEtheRisk:

Trade it on Spot or as futures



What spot?

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