Silver Plunge Explained: Shanghai Hikes Silver Margins From 15% to 18%

Discussion in 'Silver' started by MetalMajix, Nov 18, 2011.

  1. MetalMajix

    MetalMajix Member

    Joined:
    Aug 17, 2011
    Messages:
    188
    Likes Received:
    0
    Trophy Points:
    18
    Location:
    QLD
    MetalMajix, Nov 18, 2011
    #1
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,311
    Likes Received:
    7,703
    Trophy Points:
    113
    Location:
    House Corrino
    Does hiking silver margins cause gold to fall as well?
     
    Shaddam IV, Nov 18, 2011
    #2
  3. Diablo21

    Diablo21 Member

    Joined:
    Jun 22, 2011
    Messages:
    780
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Canada
    Why did it go up today?
     
    Diablo21, Nov 18, 2011
    #3
  4. heyimderrick

    heyimderrick Active Member

    Joined:
    Mar 2, 2011
    Messages:
    1,481
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    USA
    I think it was more of a fear trade. Cash is still the king of liquidity.
     
    heyimderrick, Nov 18, 2011
    #4
  5. MetalMajix

    MetalMajix Member

    Joined:
    Aug 17, 2011
    Messages:
    188
    Likes Received:
    0
    Trophy Points:
    18
    Location:
    QLD
    Re Gold

    If you are looking at the gold market and wondering why it is so weak stop wondering. In my opinion, all you have to look at is Mario "three card" Monti (credit to Gerald Celente for that name). If I were anyone in Italy that cared I would be checking the gold in the vault every single day.

    http://www.zerohedge.com/news/mike-krieger-exposes-three-card-monti
     
    MetalMajix, Nov 18, 2011
    #5

Share This Page