Saturday, October 22, 2011

Trader Dan on King World News Weekly Metals Wrap

Please click on the following link to listen to my regular weekly radio interview with Eric King on the KWN Weekly Metals Wrap.

http://tinyurl.com/3bwf22e
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2 comments:

  1. LemmingOctober 23, 2011 at 4:17 PM

    Dan,

    Reading Jim Sinclair's link on the Renminbi Kilobar (http://www.caseyresearch.com/cdd/invest-gold-and-chinese-renminbi), if I'm reading this right, Renminbi gold closed at $1693/ounce its first day of trading this past week, while NY gold closed no higher than $1670/ounce.

    My question is this: What keeps everyone from buying NY gold and selling Renminbi gold, taking delivery of NY gold, delivering it to the Renminbi exchange, and pocketing $23/ounce?

    -Lemming

    ReplyDelete
  2. boatmanOctober 24, 2011 at 4:32 AM

    different closing times?

    ReplyDelete

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