View Full Version : cme announces silver margin rates raise by 50% at end of today...
chad
18th February 2011, 07:17 AM
...and silver repsonds by going up $0.31 to OVER $32. :ROFL:
oh, boy, get ready. :ROFL:
SWRichmond
18th February 2011, 07:20 AM
Great theatre. Absolutely great stuff. These are the moments we've anticipated for years. The great global ponzi bankster fraud economy fiat fractional-reserve productivity-skimming serfdom economy is collapsing of its own weight.
POPCORN!
freespirit
18th February 2011, 08:08 AM
buckle up, kidz...this could get interesting.
a few weeks ago, i was talking to a silver/gold buyer who offered me $24 for a silver maple 1 oz.
i laughed at him and said i'll wait till it hits $50.
he thought i was nuts. tried to tell me silver is in a downhill slide. i called him on that saying its been the biggest performing commodity out there of late.
his argument was it had dropped a buck or so over the last couple of days prior to my visit, and that that trend would continue...maybe i'll swing by there this weekend just to watch him back pedal...lol
Libertarian_Guard
18th February 2011, 08:14 AM
http://i56.tinypic.com/2n011ev.jpg
$32 and beyond.
Silver Rocket Bitches!
18th February 2011, 08:40 AM
Now is a good time to not be in the SUA.
JohnQPublic
18th February 2011, 08:53 AM
Most of us paid 100% margins for the few coins we have. No problem, Blythe!
Neuro
18th February 2011, 09:26 AM
People will just prefer to take buy physical directly instead of paying top dollar for a futures contract where the future of actually getting delivery is highly uncertain. Thus more physical will move out of the warehouses, and the prices has to be further bid up to avoid COMEX collapse...
Uncle Salty
18th February 2011, 09:34 AM
Awesome.
We are halfway to an all cash, no margin, market for silver. That will remove all paper silver from the market and it will be a total cash for delivery market, which is what we have always wanted.
They are doing us a favor by raising the margin requirement.
Hee hee hee.
Ponce
18th February 2011, 09:50 AM
Well, I was wrong........because silver yesterday went over a dollar today it was supposed to go down some, I almost fainted when I saw that once again it went up over a dollar........as it was in the third quarter of 1979.
Twisted Titan
18th February 2011, 11:51 AM
Before this is over.
Every Woman and Man on this board will have altered the Financial History of their Family Tree FOREVER.
Let that sink in........ down to the core.
What are the lessons you plan to give to those who follow behind in your footsteps so that Power and Prosperity will continue?
Mediatate on these things as each and every one of us will have to answer this questionsin the days to come.
Serpo
18th February 2011, 12:48 PM
Awesome.
We are halfway to an all cash, no margin, market for silver. That will remove all paper silver from the market and it will be a total cash for delivery market, which is what we have always wanted.
They are doing us a favor by raising the margin requirement.
Hee hee hee.
Thats a good point you have raised there Uncle
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