"CFTC Relents and Probes Silver Market" Not that I expect anything to come out of it, but here's an article in today's Wall St Journal regarding an investigation via the CFTC Enforcement Division (normally these things are <strike>ignored</strike> sluffed off by the Oversight Division). http://online.wsj.com/article/SB122231175151874367.html
Picked up 2000 more silver today in paper. I have 1000 in eagles and the rest in paper. I expect it to move up nicely soon.
gold silver ratio is at the crossroads will somebody tell BUFFET that it is a bargain again with the ratio at 75/1 ?
the understanding is the short dollar/long gold trade is getting squeezed.. I suspect this will be resolved over time and not over price. there are just too many stories of physical gold in such short supply that we must bide time for the other half of the hedge to blow apart.. relax and turn off CNBC and go play frisbee with Fido.
Need advise please. I am considering to go long silver mini contract & take it into expiry, as I have never taken any contract into expiry I have very little understanding of: 1. How many ounces is 1 mini based on 2. Where & how would delivery take place Dealers in London are slapping a whoping big spread on physical, so considering buying some physical via a future contract obligations
answer; 1000 ounce For more info on taking delivery of your silver, search the nov. archive on JS-mineset (Jim Sinclair) Taking your silver/gold from the CRIMEX is THE way to break the back of the cartel.