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S&P 500
5,997.84
(
0.04%
)
US TECH 100
20,502.60
(
-0.31%
)
Dow Jones
44,324.61
(
0.76%
)
Brent Oil
71.79
(
-2.60%
)
Bitcoin
86,138.84
(
7.03%
)
Post# of 196789
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EPK

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EPK

Re: nlightn post# 57457

Sunday, 01/30/2011 9:44:41 PM

Sunday, January 30, 2011 9:44:41 PM

Post# of 196789
More on Gold and Silver:
The majority of the down move in the metals market was caused by exchange regulators increasing the margin in these markets; squeezing out the weak longs. This provided the Banks (sellers of these products) to cover their shorts. The margin in Silver was increased each week for the pasted 3 weeks.
The margin in silver now stands at 11,138.00 for the 5,000 oz. contract. Take the spot price of silver: 28 x the contract size of 5,000 oz. equals 140,000.00. Doing the same for gold: spot 1350 x 100 oz. equals 135,000.00. Noteing that margin on gold is 6,751.00 per contract.
Where is the better use of your money? I think taking 6.7k to leverage 135k is better than using 11k to leverage 140k.

My passion is to understand and analyze market conditions and to capitalize on situations that the market presents.

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