tag:blogger.com,1999:blog-5387053284149226571.post7699158074914179368..comments2024-03-29T04:10:31.115-04:00Comments on The Coming Depression: How China Will Drive Silver to $250Economic Analysthttp://www.blogger.com/profile/04338902162073990568noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5387053284149226571.post-55964492134757553012010-11-10T01:00:14.274-05:002010-11-10T01:00:14.274-05:00Silver and copper coins for small change was the t...Silver and copper coins for small change was the traditional currency ,as unit of account and store of wealth in old China and in asia ,not gold.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-87210604290356930402010-11-09T21:11:02.895-05:002010-11-09T21:11:02.895-05:00Here is how they whacked silver today and used rai...Here is how they whacked silver today and used raising margins to cover their naked short selling to drive down the price of silver.<br /><br />Here is the announcement, which has sent silver down to $26.50...<br /><br />CME Group to raise silver margins by 30 percent<br /><br />NEW YORK, Nov 9 (Reuters) - CME Group said on Tuesday it will raise its silver futures trading margins by 30 percent to $6,500 an ounce from $5,000 an ounce effective Wednesday.<br /><br />U.S. silver futures surged as much as 6 percent before retreating, with volume rising to an all-time high on Tuesday, boosted by extreme price volatility and possible short covering, traders said.<br /><br />Exchanges often raise margins to mitigate risks as price volatility increases.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-62466811127970225342010-11-09T19:45:38.016-05:002010-11-09T19:45:38.016-05:00That's nice. I will continue to hold.
Intere...That's nice. I will continue to hold. <br /><br />Interesting that the price drops today when there's hardly any more available online to purchase. How does the price go down when supply is drying up? Shouldn't be long before we see a huge spike.R Man Jnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-10464999514985319062010-11-09T14:43:50.108-05:002010-11-09T14:43:50.108-05:00Bernanke is more to credit I think.Bernanke is more to credit I think.Anonymousnoreply@blogger.com