alexreeve Posted February 18, 2011 Report Share Posted February 18, 2011 WOW! http://www.zerohedge.com/article/if-cme-hi...l-banking-pm-pr Now that JPM is out of the picture, the last recourse of gold and silver price suppression is exchange margin hikes. Or was. The CME has announced, that as of close today, it will hike various gold and silver (and other metal) contract initial and maintenance margins by 50%.... And nobody cared. This means the CBs are well on their way to losing the imposed gold standard wars. Link to comment Share on other sites More sharing options...
electroweak Posted February 18, 2011 Report Share Posted February 18, 2011 I just swapped 5% more from Silver to Gold. Link to comment Share on other sites More sharing options...
Errol Posted February 18, 2011 Report Share Posted February 18, 2011 BTW, I am still here. You would not believe the trouble i've had with BT the last 2 months. Broadband has been done most of that time! Link to comment Share on other sites More sharing options...
Pixel8r Posted February 19, 2011 Report Share Posted February 19, 2011 http://www.24knews.com/viewtopic.php?f=2&a...;p=10568#p10568 Link to comment Share on other sites More sharing options...
njpurser Posted February 19, 2011 Report Share Posted February 19, 2011 BTW, I am still here. You would not believe the trouble i've had with BT the last 2 months. Broadband has been done most of that time! welcome back....just in time for the action, bro' Link to comment Share on other sites More sharing options...
electroweak Posted February 20, 2011 Report Share Posted February 20, 2011 Lease rates on the move again: Link to comment Share on other sites More sharing options...
jerpy Posted February 20, 2011 Report Share Posted February 20, 2011 At least another $120 inflation adjusted dollars to go according to Jeff Clark http://www.caseyresearch.com/displayCdd.php?id=650 Link to comment Share on other sites More sharing options...
azazel Posted February 20, 2011 Report Share Posted February 20, 2011 At least another $120 inflation adjusted dollars to go according to Jeff Clark http://www.caseyresearch.com/displayCdd.php?id=650 And with much more inflation to come, it will be much higher than another $120 when that time comes. Link to comment Share on other sites More sharing options...
Jake Posted February 21, 2011 Report Share Posted February 21, 2011 Silver 33 G/S ratio 42. Link to comment Share on other sites More sharing options...
wee Jinky Posted February 21, 2011 Report Share Posted February 21, 2011 Silver 33 G/S ratio 42. in 10 years time it will be 0.5 got in at 80 thank you GEI Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2011 Report Share Posted February 21, 2011 The JPMorgue is now turning into exactly that. Someone has to be behind those shorts, and it ain't looking good for them. Link to comment Share on other sites More sharing options...
wee Jinky Posted February 21, 2011 Report Share Posted February 21, 2011 The JPMorgue is now turning into exactly that. Someone has to be behind those shorts, and it ain't looking good for them. as long as it looks good for us who cares lol! the buy silver crash JP Morgue campaign is gathering pace and when I tell people that silver will be extinct in 10 years time if current industrial useage continues you can actually see the little wheels in their head begin to turn Link to comment Share on other sites More sharing options...
Pixel8r Posted February 21, 2011 Report Share Posted February 21, 2011 Lease rates on the move again: Go a long way to go when you look at the long term lease rate chart; Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2011 Report Share Posted February 21, 2011 Squeeeeze. One fresh 30-year high after another. At some stage some hedge fund might want to make a quick buck on this... Link to comment Share on other sites More sharing options...
lyb Posted February 21, 2011 Report Share Posted February 21, 2011 33.99$ silver !! I know we are approaching one of those sell points, but thankfully I have kept the vast majority of my position so far, in this wild rally. Link to comment Share on other sites More sharing options...
Eiji Posted February 21, 2011 Report Share Posted February 21, 2011 I'm hoping for $25-$28 again so I can buy more Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2011 Report Share Posted February 21, 2011 I'm hoping for $25-$28 again so I can buy more Would have, should have, could have ... Gotta be in it to win it. Link to comment Share on other sites More sharing options...
DoctorSolar Posted February 21, 2011 Report Share Posted February 21, 2011 Would have, should have, could have ... Gotta be in it to win it. Bingo! A mind boggling number of newsletter writers took silver short positions last week and were encouraging their subscribers to go short too to "hedge" their gold positions and "manage risk" . Good grief! Those guys are toast! Fortunately I didn't follow their advice but yes I will be canceling a few subscriptions this evening. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2011 Report Share Posted February 21, 2011 http://kingworldnews.com/kingworldnews/KWN...d_73_Cents.html Turk remarked, “The backwardation that we have been talking about has now blown out to 73 cents, that is unprecedented. I find that number to be completely astounding! Where are the arbitrageurs? They could make a fortune. This suggests to me that the arbitrageurs are out of the market because they don’t have the physical metal to sell to deal with the imbalance.” Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 21, 2011 Report Share Posted February 21, 2011 BTW, let's not get too excited: CRIMEX was closed today because of President's Day. I am sure they will have a lot of paper promises waiting for us tomorrow. Link to comment Share on other sites More sharing options...
warpig Posted February 22, 2011 Report Share Posted February 22, 2011 That's one milestone out of the way, I wonder if we'll make it to £25/t.oz on this run... Personally I think we'll see profit taking around $38/t.oz, but the way it's going I'm not sure I'm prepared to make that trade, after all there isn't any bloody silver! Silver at 20 gbp per ounce qill be a milestone. The pound stirling was originally a pound of silver. In those days a penny was a silver coin 1/240 of an pound in weight. At twenty gbp per ounce a modern pound is worth an old penny. Link to comment Share on other sites More sharing options...
warpig Posted February 22, 2011 Report Share Posted February 22, 2011 Link to comment Share on other sites More sharing options...
Perishabull Posted February 22, 2011 Report Share Posted February 22, 2011 Bingo! A mind boggling number of newsletter writers took silver short positions last week and were encouraging their subscribers to go short too to "hedge" their gold positions and "manage risk" . Good grief! Those guys are toast! Fortunately I didn't follow their advice but yes I will be canceling a few subscriptions this evening. Oh come on, it's only fair you name names here for the benefit of any lurkers considering investing in some high quality "financial advice". Going short silver is only for the professionals that know what they are doing, like JP Morgan for instance. Link to comment Share on other sites More sharing options...
signofthetimes Posted February 22, 2011 Report Share Posted February 22, 2011 BTW, let's not get too excited: CRIMEX was closed today because of President's Day. I am sure they will have a lot of paper promises waiting for us tomorrow. and as if by magic.......... Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 22, 2011 Report Share Posted February 22, 2011 Going short silver is only for the professionals that know what they are doing, like JP Morgan for instance. :lol: Link to comment Share on other sites More sharing options...
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