December 2020
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December 20, 2020

What Is A Silver Agreement

Filed under: Uncategorized — Mark Baker @ 1:10 pm

“a) agreement be reached between the major money-producing countries and the countries that are the main holders or users of money in order to mitigate fluctuations in the price of money; And that other nations that are not parties to this agreement should refrain from any measures that could have a significant effect on the money market; The silver is melted into a crucible of about 20,000 ounces. This is divided into three lots and each batch in bars with an average of 1150 ounces. (6) that the governments concerned exchange all necessary information on the measures taken to comply with the provisions of this memorandum. Whether you are a hedgest or a speculator, it is important to remember that trading carries a significant risk and is not suitable for everyone. While there are substantial gains for those involved in gold and silver futures, remember that futures are the best traders who need the know-how to succeed in these markets. (c) However, if, under this agreement, the application of the divestitures covered in paragraph (a), plus the sales covered in paragraph (b), amount to a total of one hundred and seventy-five million kronor, the parties` commitment is extinguished. 1. That any provision of this agreement expire on January 1, 1938. That is very questionable, but because of the nature of futures, they are certainly not suitable for all investors. Good coverage requires a good level of market knowledge and expertise and goes beyond the normal investor`s investment sense. Also, if you buy gold or silver in the long run, you should be prepared to deal with possible price declines and accept them. However, given that the jeweler held a long position in the futures markets, they could have made money with the futures contract, which would offset the increased cost of buying gold/silver. If the cash price of gold or silver and futures prices fell, the Hedger would lose on their future positions, but would pay less if they bought their gold or silver on the cash market.

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