Silver Prices Surge Higher (SLV) Silver Margin Requirements Created Crash

[Serpo]

http://www.youtube.com/watch?v=pK6FCmtY0SU&feature=player_embedded

[Ponce]

Let them kill each other and when is over those from GSUS will pick up what's left over.....we don't ask for much, but only for what we ARE HOLDING ;D

[Walter Mitty]

I wonder how Greece going tits up ( womenfolk please excuse language)
will affect the paper price?
There has to be credit default swaps and derivative bets on Greek debt.
I read somewhere one bank going bust in Austria caused the banking crisis in 1933.
A friend of mine said a local bank sent a letter to their safety deposit box holders that the Fed.gov is making them audit the contents of all the safety deposit boxes in the bank. Sound like a bunch of bunk to me but who knows.
When this all goes poof "If you don't hold it, you ain't gonna own it".

[Serpo]

There are more countries after Greece I think...to counter devaluation people will be buying metals more and more as money.

[Twisted Titan]

TIME WILL BE THE ULTIMATE VINDICATOR TO THOSE THAT HOLD PHYSICAL SILVER......LET THE PAPER CHARADE CONTINUE........FOR NOW

[ximmy]

essentially... let it rise to 49... raise margin requirement 5 times... investors lose billions, silver falls to 31... reap the cash.... lower margin requirements... investors run in again...

wash, rinse, repeat

[sirgonzo420]

essentially... let it rise to 49... raise margin requirement 5 times... investors lose billions, silver falls to 31... reap the cash.... lower margin requirements... investors run in again...

wash, rinse, repeat


now you're getting the hang of it!


:)