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popeyej

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popeyej

Re: None

Friday, 06/05/2009 9:16:31 AM

Friday, June 05, 2009 9:16:31 AM

Post# of 15261
The NY metals market is at it again. Silver lost .60 in less than a half hour and gold lost $25.80. I may have missed it but I see no reason for a pullback of this magnitude.

The silver lease rates continue to drop which indicates to me that the paper players and the bullion banks are continuing to roll over their contracts rather than try to get out of them.
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