Mon, Jul 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Trading more

Precious-metals trading: Goldfingering

Posted on 05 July 2013

With the renowned American investor Jim Rogers on hand to complete the first transaction, a Singaporean entrepreneur called Victor Foo opened on July 3rd what he claims to be the world’s first physical precious-metals exchange.
The genial Mr Rogers, resident in Singapore since 2007, showed how it’s done: on the premises of a security company called Certis Cisco he bought a few coins which were then zipped up in a bag to be stored in their vaults, from where it can be sold on the new exchange whenever he wants (hopefully after the price goes up a bit). This is not about futures or derivatives………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36151 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031