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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (18902)8/22/2006 12:01:09 AM
From: Proud Deplorable  Read Replies (1) | Respond to of 78411
 
If you would just buy one more ounce of silver all hell would break loose like Costanza trying to fit one more piece of paper in his wallet



To: koan who wrote (18902)8/22/2006 5:16:12 AM
From: siempre33  Respond to of 78411
 
LME nickel contract has gone into default: Ted Butler....
is silver next?

news.silverseek.com

This past week, the investment world witnessed an event that has only occurred rarely in the past. I am referring to the extraordinary developments in the nickel market on the London Metals Exchange (LME), the largest base metals exchange in the world. Due to an unprecedented scarcity of metal, the LME was forced to revise the delivery terms of its nickel contracts. In return for allowing short sellers to delay delivery of metal, a daily penalty fee of around 1% of the contract value was payable by the shorts to long holders.