Applicable to those who hesitated over the past couple of months waiting for silver to drop even further: As Iceman said to Maverick ... TAKE THE SHOT - IT DOESN'T GET ANY BETTER THAN THIS!
I am feeling much better... bought most of my stack on way down from $50 (at $42) and then bought more when it was $34. Keep on climbing!!
What a great start The Hong Kong Mercantile Exchange ("HKMEx"),China's international commodity marketplace, announces today the launch of a US-dollar silver futures contract to begin trading on 22 July,2011
But HKMEX is closed at the moment lol, it's 10pm over there so this short term rally ($1 give or take) is not caused by them?
Gold past USD1,600 again, silver might be riding with it. That GSR of 40:1 has been pretty constant for a while.
MSM got it wrong again when they speculated Gold would fall since Greece debt woes were curbed (they used the ASX performance today as an indicator). It's definitely not falling! Any ideas whats driving this surge in both Ag and Au?
Trading will last for 15 hours every day, Monday to Friday, beginning at 8am and ending at 11pm Hong Kong time, with a 30-minute pre-opening auction starting at 7:30am