$ Silver $

hi daddyeaux

can you post a link to a daily or weekly chart
of silver prices either cash or comex futures

from 1979-1980 or 1980- 1981 ?

I have an old CRB yrbook with silver prices
in it showing the move from 69-79 but not longer

(maybe I will look on internet to buy a CRB yrbook
with prices from 79-89 )

 

you may try to pick around here....

http://financialsense.com/metals/main.htm

I'm trying to get a trade in...ha..ha...

 

Jesus! It just dropped 0.60, then shot up 0.30 within seconds. Talk about wiplash.

 

couldn't find a reasonable chart with moderate effort.....

maybe one of the 10 oz. Kitco troggs can summon a chart

 

They just did that I thought...several times before.

http://news.goldseek.com/GoldSeek/1144943518.php

 

"“There has been some talk of late about recent raises of the silver margin requirements – two in April already. Most of the talk centers around the authorities raising the margins to hurt the longs. I see it differently.

The initial margin for silver will rise to $3,150 on Monday from $2430. The maintenance requirement rises from $1,800 to $2,600.

This means if silver moves more than 50 cents in a single trading session on the Comex, a position can go into deficit. Silver can easily move $1 in a day now. Thus, these margin requirements are TOO LOW the way I see it.

Now, if they do something stupid, like raising the requirements to 50% of the contract value, that would be a different story. But, I can't see them doing that, not at the present time.”

"

 

the COMEX can do whatever it chooses, and based on market conditions, it sets the rules......

the Volker lead Fed. stepped in during the last great Hunt Brothers hayride............

 

say what?, copper has gone into backwardation even as LME inventory rose by 100,000 tons....

silver usage is 400 million oz. per year give or take, so there is a chance of a physical short squeeze since China is an unknown player of dubious trading style............

 

I expect a big rally in Silver tomorrow as the new margin requirements further squeeze the shorts.

 

simply amazing parabolic move in silver.

i've been trading it from the short side very nimbly with not so bad results. made about 11K in it today.

covered my last short at 14.20 though. wondering if i should have held on. let's see what happens.