$ Silver $

what were the daily moves like when silver and gold went twitchy yrs ago? i guess if iran gets bombed we might see something interesting also. on the other hand if iran decides to play nice, could see a big selloff.
asia seems to be silent though,i actually liked using these hrs to trade gold/silver better than reg hrs:)
 
I have figured out how to play silver

I think of it as an inexpensive nasdaq stock

and its big brother gold as an expensive one

that never splits

( sorry ... It's not such a funny joke ... its
been a wild week P+L wise for me and I need to
be silly )

:p
 
Any comments on the roll that's coming up? May FND is 04/27. Is that, like other commodities, the day people start rolling in size, and should that yield the tightest spreads? I see that there's already some volume and OI developing in July.
 
It's a madhouse. I just scalped me a grand on that latest run up. Looking for places to buy dips, but there simply are none!

Anyone have a guess as to when the ETF is going to be approved? And I guess, a second question would be, does this massive run up do anything to undermine a potential approval? Ie, will the SEC look at this and change their mind?
 
hi ed ... has the price of cash silver been trading
over the lead month MAY ? ( a few cents higher )

yes there will be rollover to July ... but

I found this interesting if I am seeing accurate
numbers on my cash price source for silver

hi ivan

you could have easily lost a grand ... just as silver closed it dropped like a rock in thin conditions
8-10 cents ... before getting back to where it had been on the close ... as gold rallied

regardless ... nice scalp kid !

hi illiquid .... yes last night in Asia trading

things were rather illiquid in silver so the MM's
kept a safe distance from quoting anything
 
Quote from 2gtt:
July is 13 cents above May - a bit on the high side.

So, being short, this is a good time to roll, right? Or is there some risk of a correction in one more than the other against the cash based on what happens on FND (and beyond)?
 
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