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.
Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated -- Ignore unavailable to you. Want to Upgrade?


To: Baton who wrote (683)4/21/2004 4:40:20 PM
From: Bucky Katt  Respond to of 1338
 
Speaking of the metals, silver got hit hard the last few days, down >11% today alone. Nasty.

kitco.com

Also, in the food futures arena, they changed the margin req's for corn & beans, so they dumped big time today...
cbot.com

So, for the metals & foodstuffs, the cost to carry a position is something to consider, as they are driving the cost up.
Manipulation?
_____________________

As for oil and the $Dollar, if the Saudi oil fields/pipelines start getting hit by terrorists, and the flow of oil is restricted in any way, the metals come back fast, as will crude prices, and the $Dollar will dump.