Yep, just finished all my work, saved my files, got the live charts open with 1 second refresh rates and got the popcorn popping in the microwave. Seems like its a bit of a rally at the moment, no idea why , lets just sit and watch. Im hopping prices can reach 1800 ... cause without good logical reason it just means price will come back down just as quickly ..
If the price of silver drops i for one will be down to Sydney in a flash to pick up what i have already paid for and to get more even though i can't really afford it. Possum
Talk about enough to drive a man mad. After fretting at the initial story and testing my resolve in not off loading some expecting a fall to 28 or lower and buy back (I know I know cardinal sin and all) , it then turns out to be...... well not a margin call, then a slightly bullish lowering of margin and room for small speculators to come back in the game, then um........ to MF accounts having to meet a margin call ! So we'll see over the next few days how many were holding silver and who didn't want to stump up the extra. Talk about rough deal! I'll be happy with $32 if anything happens at all. Waiting to buy a few semi nus and am not happy at $34!!!
<nodding head> we'll soon know one way or the other I guess - then another butterfly flaps it's wings and it all starts again - arghhhhh :lol:
Grrh how can you be happy at a time like this. We were promised twenty something dollar silver ehh well sorta Come on drop drop drop drop drop.
I like Zero Hedge to a point, but readers should understand that the majority of posts are greatly condensed, often to a point where the blog post does not portray the actual facts. Zero Hedge has an agenda, just like every other media outlet. On that, I urge everyone to always do their own/additional homework, especially when it comes to regulatory and margin matters. CME actually lowered margins, stated as temporarily, in an attempt to ease the fallout from the MF Global mishap. In general, I think we are all guilty of looking for some event that will crash or skyrocket silver, gold, etc. when all we really should be doing is thinking of the long-term fundamentals. Everything else is noise.
One of the King World News podcast speakers put it nicely I thought. Some people buy after careful consideration of the fundamentals, and then watch the price like day traders. Traders look to every move. Stackers just accumulate as part of a diversified portfolio
I don't accumulate as part of a diversified portfolio... I still have one finger clinging to the jetty, as far as risk goes, and just have PM's. Working on my education for other avenues.
you guys are hilarious the reason the priced of silver increased is because i sold six sequenced early engelhard 10 oz old pours
