$ Silver $

still rumors rattling around that a squeeze in the physical is underway (a la LME copper) on the LBMA....etf or not

I suppose silver could go into backwardation ...and if gold does....holy smokes.........
 
God, I'm such a newb. I have no idea what you just said. Can you give me a dummy version? I apologize, I'm learning on this.

I mean, I understand the term backwardation...but are you suggesting a possible spike even more than this?
 
IN ASIAN TRading ...

SELL SELL SELL SELL

man the silver and gold lifeboats

ladies and children first please

( wow ... just remember kiddies to turn out the

lights if the party is over please )

:p
 
I think this is just a good place to buy. :) And I did. Right at 14.25. That means it'll drop like a stone, since I'm probably the best contrarian indicator I know.
 
LOL ... sure ... I made 4 1/2 cents on a quick 30 second scalp going long !

too bad it was only 1 mini contract ( gulp )

prices all over the place !!!

also just made 7 cents in 3 minutes on a mini

going short !

( gasp )

:eek:
 
Nice :)

Since there is no real reason out there for a sell off, I gotta assume this is a much needed mini-correction. But dips should be shallow.

However, we all know what they say about assume. You make an ass out of Ivan and Ivan.
 
HI Ivan

how much of a dip is shallow for you
... 50 cents ? $1.00 ? $2.00 ?

how much is the spread at OANDA ( in silver )

and what is the minimum spec position size
in USD to trade silver there ?
 
just saw this headline ...on the wires ...

-NYMEX to change margins for silver, copper futures contracts-
-Washington (Platts)--18Apr2006-

-The New York Mercantile Exchange on Tuesday announced margin changes for
its silver and copper futures contracts, beginning at the close of business on Wednesday.-

-Margins for the silver futures contract will increase to $3,750 from $3,250 for clearing and non-clearing members
and to $5,063 from $4,388 for customers-

ok ... maybe this is a good enough reason for the silver market to pause its parabolic climb
 
$14.94 was the 1980's spike high resistance so tech traders sold it via asia it appears.....

I'll check to see if TOCOM margin rates increased to account for the liquidation
 
You must log in or register to reply here.
Back
Top