SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rubbersoul who wrote (85892)6/26/2007 10:01:35 AM
From: Canuck Dave  Read Replies (1) of 313075
 
I was trying to use the time productively.

Looks like a general unwinding is in progress. I've read in a few places that the hedge funds will be selling their their liquid assets to raise margin for their illiquid ones. Looking at the gold and silver open interest over the past year, it's not out of line.

Ultimately, it's good for the sector, and at the end may signal the true beginning of Stage II of the precious metal bull. But for now, we ride it out and wonder if we'll be able to reenter SPM south of $1.50 .

Or G @ $21. Take your pick.

CD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News