tag:blogger.com,1999:blog-1708908742323002823.post7273437760838153134..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Trader Dan on King World News Weekly Metals WrapTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1708908742323002823.post-10742356104934733422011-10-24T04:32:50.947-07:002011-10-24T04:32:50.947-07:00different closing times?different closing times?boatmanhttps://www.blogger.com/profile/12951618145166698522noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-54412545294242801682011-10-23T16:17:19.206-07:002011-10-23T16:17:19.206-07:00Dan,
Reading Jim Sinclair's link on the Renmi...Dan,<br /><br />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.<br /><br />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?<br /><br />-LemmingLemminghttps://www.blogger.com/profile/06029217780354655705noreply@blogger.com