I fkn miss this so much

1:27 9/11

I started in 1978 on the floor as a runner for Shearson. By 1987 I was trading silver. Alot of good memories, a few bad ones, I wouldnt trade the exprience for anything.

this trading room was located in 4 world trade center for right behind the south tower.

2:02 Opening Call

Hyperinflation can make it go up forever

Is this guy still alive do you know Aliens are going to ask for Gold one day I think there's point 12 ounces per person. EVERY OUNCE IS PRECIOUS AND SELF DEFENSE BUT FOLLOW FEDERAL GUN LAWS.

Preston Semel, majority partner of Semel & Company, once a leading New York commodities trading firm, pleaded guilty yesterday to Federal charges of conspiracy and commodities fraud. He had been indicted earlier with the firm's president, Charles Federbush, and Michael Renner, a floor broker employed by Semel, in the theft of trading profits from customers and on charges of making secret and illegal trades. The charges relate to trading in gold and silver futures contracts on New York's Commodity Exchange Inc., known as the Comex. Mr. Semel, 41 years old, of Armonk, N.Y., is scheduled to be sentenced March 26, 1992. He faces a maximum sentence of up to 15 years in prison and fines of up to $750,000. Mr. Federbush, a former Comex board member and vice chairman, pleaded guilty in September to conspiracy and commodities fraud. The case against Mr. Renner is scheduled to go to trial in December. The indictment is similar to a civil lawsuit filed in Washington by the Commodity Futures Trading Commission against seven individuals including Mr. Semel and Mr. Federbush along with their firms.

Are they yelling at other guys in the pit?

So what happened to mr. Chest Hair ?

3:33 "Turmoil in the Middle East"

Predictive programming @ 1:28 -- The hands are on 9 & 11.

I wonder if he did the book thing

Wow computerized watches.

This was pretty cool.

HOW THE HECK DID THIS GET 1,000 VIEWS!?! SO UNFAIR 😣😭

RIP headphones users @ 0:01

So, what ever happened to the Comex? Is there still a trading pit with open outcry or is it all computerized now? Is it still located in New York City?

You've always had pipes henz but theyve gotten better with age. Nice to see that youre still at it, this is awesome stuff. Keep it up man!! -Boffe

WOW! I worked for Charlie back in late 70's early 80's seems like yesterday. Hell! I miss the Market Bar too

TOBY was a really good guy..Honest and a very good trader. I came back to the floor in 2002 but did not see him. Did he retire in the 90s? I knew AHL as did my Dad, Dick Leeds(LEE)..Great video. I remember it when it aired.

I remember it well dna/204

Charlie Federbush got what he wanted? That's what I read below. Here's a CFTC Docket 91-7 June 25/92 CEASE & DESIST ORDER; PEN. AMNT.: $200,000; TRAD. PRIV. SUSP. 12 MO.; REG. REVOKED AS FB & CTA; MUST LIQUIDATE ALL FUTURES AND OPTIONS POSITIONS; MAY NOT APPLY TO REGISTER WITH THE COMMISSION IN ANY CAPACITY; MAY NOT APPEAR ON ANY CONTRACT MARKET TRADING FLOOR DURING TRADING HOURS...... Was Charlie was a great guy? Zenith of professionalism? I'll let the customers at Volume Investors comment if they see this. I have no opinion. Oh, and I had a gold badge too. If you doubt I was there that lady at 3:45 is named Kasha. I knew her well. She has a green/yellow/blue badge, not gold. That means she was a COMEX. MERC. CSCE member, but not Cotton. Many floor traders were uneducated pimps who couldn't get a job elsewhere and only knew how to run stops and be bag men for guys with orders they ripped-off. A rare few retired extremely wealthy because those few have no problem living with what they stole, nor does Goldman Sach, JP Morgan, et al.

faizul hamdan ni ha

Wow! That was incredible. Seeing Harry at that age in such a crazy environment; and so bizarre that as I watched this I think about what is going on in Egypt right now. Loved the traders and clerks at the end of the day sitting or lying anywhere reviewing what had happened among a bunch of tickets and paper. It isn't just anyone that can work under those conditions and such pressure. This was a great look at the job; how wonderful to have seen Harry in it!

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2:55, wipes the coke from his nose

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can someone explain to me why not simply sit in chairs and trade like in an auction. with no people crowded and yelling?

Thank god, these overconfident, screaming, wannabes are a thing of the past!

Did the thought ever occur to you that if Goldman was helping driving up the price, as there are numerous institutions that participate in that market that also influnce market direction, why not also BUY Crude oil (CL) or buy an oil stock such as XOM, COP, CVX and make easy money??? I also missed the same mistake as I knew China and other Hedge Funds were buying Gold in 2008 but the thought didn't occur to me at the time. I won't make the mistake twice though.

I used to run around that floor when I was a little kid, my dad's badge was CHAN (Henry Chandler), I took his badge over when he passed, clerked there and got my badge and now trade electronically. This video literally gave me chills, thanks for posting.

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3:45 I never knew Hillary Clinton was a gold trader!

As the guy said "its gambling." Today Goldman Sachs is gambling oil futures driving the price up and causing US to pay more at the pump. The CFTC needs to do its job and get the speculators out!

@knokcs yeah my dad did very well on the COMEX. He is still a member, and trades precious metals from home on the computer, as do I. The trading floor is history.

at the end, your father has become rich or not?

all of this should be completely automated, this is cavemanish

@drdenyse Wow I worked for Federbush, Semel and Cardello several years after this. I have often wondered what happened to your old man.

I was there a few year later...brings back a lot of memories..

is this the same federbush that plead guilty to conspiracy and commodities fraud in the early 1990s? should rename the video clip to " How to steal a fortune from honest people and retire to a bookstore"

@drdenyse Hi Federbushes, sorry I didn't respond sooner. Just saw your posts! Charlie and my father Harry Lamborn knew each other very well. I'm glad you were able to see your husband/father in this video I posted!

Wow this is a wonderful video, I remember Charlie Federbush my friend worked for him on a arb phone and I seen many familiar faces. But one that jumped out at me was a true gentlemen is a legion Tobey a dear friend . Thanks for posting this video, it brings back good memories.

We were part of an era gone by. It was spectacular. Thanks for posting a wonderful memory.

@drdenyse Just wanted to say Thanks for Posting this Memorable Video of All the Wonderful Faces , One of which I Still Happily wake up to ^^ D.F.

@drdenyse ps this is my mom's account im posting it on...im their son

Charlie Federbush....thats my dad....i couldnt believe it......he looks so young...and in the end he did get what he wanted...he loves going to the bookstore XD

ectoglow, thats awesome. I'm glad this video I posted touched people. My dad is in it as well AHL 326, (white shirt, red tie). I'm sure our father's know each other well. This was about 2 yrs before I was born, now I'm a COMEX gold trader too!

@ectoglow I used to run Around those pits after hours when I was little. I broke my Friend Jasper's Tooth there!

Wow, Thats my dad at 6:11 with the 540 TOBY bage. A month before I was born. HA!