Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Hey TJ,
I stand corrected. I don't know how that skipped past me when I was semi aware of the simultaneous margin increase in Cu.

Believe it or not, I was just coming to post you this blurb from tonight's LeMetropole Cafe:

"I wanted to remind you that this is the SECOND increase in silver margins within the last few months. Comex kicked it up back in December if I remember correctly after it first flew thru $6.00 and blasted off only to then set back a bit. Something is certainly going on in silver behind the scenes with the exchange moving so quickly to jack up margins.

What is really odd is I keep reading bits and pieces of info on Copper that is very similiar to what your sources keep telling you about Silver. End users are going to the exchanges to get the stuff. Supposedly the LME is experiencing that in a big way - that's how scarce the red metal is becoming."

Ah.... to be young like you and to be able to remember things! <vbg>