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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (98113)9/30/2008 7:30:37 PM
From: yard_man1 Recommendation  Read Replies (3) | Respond to of 110194
 
tried to watch the news; couldn't stand the BS!!

got back on to send an e-mail to one of the worms from my state that voted for the theft ... is this any wonder?

>>The House of Representatives is currently experiencing an extraordinarily high amount of email traffic. The Write Your Representative function is therefore intermittently available. While we realize communicating to your Members of Congress is critical, we suggest attempting to do so at a later time, when demand is not so high. System engineers are working to resolve this issue and we appreciate your patience.<<



To: patron_anejo_por_favor who wrote (98113)9/30/2008 7:41:41 PM
From: bull_dozer  Respond to of 110194
 
LOL. Don't remind me of Adolf...

May be the financial settlement only for mini contract (50oz)?

100Oz link has the following:

Trading Months
Trading is conducted for delivery during the current calendar month; the next two calendar months; any February, April, August, and October falling within a 23-month period; and any June and December falling within a 60-month period beginning with the current month.

Minimum Price Fluctuation
$0.10 (10¢) per troy ounce ($10.00 per contract).
Last Trading Day
Trading terminates at the close of business on the third to last business day of the maturing delivery month.

Delivery
Gold delivered against the futures contract must bear a serial number and identifying stamp of a refiner approved and listed by the Exchange. Delivery must be made from a depository licensed by the Exchange.


Complete delivery rules and provisions are detailed in Chapter 113 of the Exchange Rulebook.

Delivery Period
The first delivery day is the first business day of the delivery month; the last delivery day is the last business day of the delivery month.

nymex.com

113.01 Tenderable Gold
In fulfillment of every contract of gold, the seller must deliver 100 troy ounces (5% more or less) of refined gold, assaying not less than 995 fineness, cast either in one bar or in three one-kilogram bars by an approved refiner. The weight, fineness, bar number and identifying stamp of the refiner must be clearly incised on each bar by the approved refiner.



To: patron_anejo_por_favor who wrote (98113)10/1/2008 10:00:32 AM
From: AllansAlias  Read Replies (1) | Respond to of 110194
 
T, Do you guys have a link that discusses the size of the Credit Default Swap market here? How many times US GDP is it now? Tx. AA