$ Silver $

Due to decreased daily volatility the eCBOT has once again reduced their margin requirements for Silver (a very sizable 25%) effective close of business today. Nice.

Initial on full contract reduces from $5400 -> $4050
Initial on the mini reduces from $1080 -> $810
Maintenance (overnight) on full contract reduces from $4000 -> $3000
Maintenance (overnight) on the mini reduces from $800 -> $600

:D
 
Quote from Magna:

Due to decreased daily volatility the eCBOT has once again reduced their margin requirements for Silver (a very sizable 25%) effective close of business today. Nice.

Initial on full contract reduces from $5400 -> $4050
Initial on the mini reduces from $1080 -> $810
Maintenance (overnight) on full contract reduces from $4000 -> $3000
Maintenance (overnight) on the mini reduces from $800 -> $600

:D
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Woohoo! I'm gonna go max out the rest of my bp right now! :D
 
Quote from illiquid:

Woohoo! I'm gonna go max out the rest of my bp right now! :D
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And then you'll get increased volatility and the outcome is self-explanatory :)
 
Quote from SethArb:

hi romik ... have you ever read the "silver conspiracy "
articles ?
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I read T Butler's archives on regular basis and there is nothing to disbelieve as there has been a major commercial short in place for a long time now, which is a first indication of a monopoly in futures. I must add here that recently silver has been "behaving" in line with TA, which is a positive, no doubt.

Is there another silver conspiracy?
 
Quote from imsurfing:

But could that monopoly be less a 'conspiracy' and more a reflection of the the silver market's small size?
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the smaller the market the easier to monopolise, right?
 
Quote from Magna:

Due to decreased daily volatility the eCBOT has once again reduced their margin requirements for Silver (a very sizable 25%) effective close of business today. Nice.

Initial on full contract reduces from $5400 -> $4050
Initial on the mini reduces from $1080 -> $810
Maintenance (overnight) on full contract reduces from $4000 -> $3000
Maintenance (overnight) on the mini reduces from $800 -> $600

:D
More...
could that be a factor in thurs' sudden upsurge in XAG? or was it more in anticipation of the start of trading in Shanghai would you say?

i found that move quite puzzling... it kinda dragged XAU along, and most $ pairs all in the space of a few hours... its true that US economic data "disappointed" a bit last week but still, can't make much sense of this snap move back above $12...
 
Quote from 2cents:

could that be a factor in thurs' sudden upsurge in XAG? or was it more in anticipation of the start of trading in Shanghai would you say?

i found that move quite puzzling... it kinda dragged XAU along, and most $ pairs all in the space of a few hours... its true that US economic data "disappointed" a bit last week but still, can't make much sense of this snap move back above $12...
More...


barclays etf news of doubling in size mbe

few points of support along 10.50 level

i find it interesting that the recent tanking of oil and rally of the dollar had little effect on the moves in silver and gold.. showing resilience... i think that is a good sign... metals are are moving a bit on dollar weakness though.... i am a long term guy - but if i can get a little pullback i think i might scoop up a little more... i hate buying the futures... if i had more capital - id love to just buy more of the the certificates and forget about them... i feel that if you just put the shit away for ten or twenty years - it could be a nice chunk of your retirement.... and if not - whats your downside.... not a whole bunch imo...
 
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