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Old 02-08-2013, 08:20 AM   #1
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Silver??!!??!!

Does anyone have any new info on what exactly in the hell is going on in the silver pits? One look at the Kitco chart tells me that a war is being waged between a few very deep pockets. Yesterdays swings were nauseating in their violence, and today is shaping up to be very similar, although the swings have not yet become quite as crazy. I guess I'll just wait until about 10:30 to see if the intraday Blythe Masters' steamroller gets unleashed again.
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Old 02-08-2013, 08:57 AM   #2
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I am sure it has something to do with the margin requirements being cut. So both longs and shorts suddenly had a big boosting in buying power..
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Old 02-08-2013, 09:50 AM   #3
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Don't worry ancona. The Bernank is working on the price stability for us all.
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Old 02-08-2013, 09:53 AM   #4
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Ahh yes.....The Bernankenstein........I almost forgot about him [it].
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