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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (73624)4/29/2011 12:21:19 AM
From: carranza2  Read Replies (1) | Respond to of 218872
 
Second attempt in just a few days to throw a wet towel over silver market:

traderdannorcini.blogspot.com

CMEGroup hiking Silver margins for the second time in a week
The CMEGroup announced that as of the close of trading this Friday, margin requirements are yet again going up in silver.

For speculators, initial margin is increased to $14,513 per full sized silver contract, up from this week's earlier hike to $12,825.

Maintenance margin is moving up to $10,750 from $9,500.

Hedgers margin and maintenance is rising to $10,750 and $9,500 respectively.
Posted by Trader Dan at 3:16 PM



To: TobagoJack who wrote (73624)4/30/2011 9:47:09 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 218872
 
TJ, remind your friends that for a very prolonged time silver was around $5 and gold around $300 to $400.

Today silver is 9 times more expensive and gold only 4 to 5 times more expensive

SO this ratio indicated or Silver is over priced of Gold is under priced.

BTW we are closing into my target of $1600 for gold I mentioned few years ago,