CME Group plans more futures to shift money from metal to paper


CME to Seize on Popularity of Gold/Silver Ratio with New futures

By Tom Jennemann, London
Thursday, September 15, 2016

The gold/silver ratio has been a fashionable topic in analyst reports and financial blogs for the past several years but trading the ratio has been complicated.

The CME Group is looking to remedy this problem. On Oct. 23 the exchange will launch precious metals spread and ratio futures contracts for gold/silver, gold/platinum, and platinum/palladium.

"This is a real example of our basic strategy going forward. We want to solve people's problems using the liquidity that we already have," Miguel Vias, CME Group head of precious metals, told FastMarkets.

"The gold/silver ratio is something that I used to trade frequently when I was a trader but it was relatively cumbersome to do on the OTC market. This will make it very easy to do. It will also be sized in a way that's accessible to a myriad of market participants. So it's just not meant for intuitional investors," he added. ...

... For the remainder of the report:


The Gold Mine Barrick Might Regret Having Sold

K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V.

The gold mining startup came together during one of the toughest periods in mining history.

K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries.

For more information, please visit:

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana

Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

To contribute to GATA, please visit: