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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on June 19, 2011, 05:06:55 AM

Title: Gold & Silver trading to be banned by Dodd Frank July 15 2011 on FOREX. - WTF?
Post by: Soul Crusher on June 19, 2011, 05:06:55 AM

Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15
ZeroHedge ^ | 6/18/11
Posted on June 18, 2011 4:46:50 PM EDT by NativeNewYorker

Important Account Notice Re: Metals Trading

We wanted to make you aware of some upcoming changes to FOREX.com’s product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011.

In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET.

(Excerpt) Read more at zerohedge.com ...

Title: Re: Gold & Silver trading to be banned by Dodd Frank July 15 2011 on FOREX. - WTF?
Post by: George Whorewell on June 19, 2011, 11:33:19 PM

Dodd and Frank should both die horribly painful deaths due to long terminal illnesses if there is any justice in this world.