Saturday, May 7, 2011
Silver Down Big, Dollar Up, America Still On A Crash Course
This helps to explain the price of silver going down ... it is actually a great time to buy now ... it is market manipulation .. action was taken to scare away the small time speculators ... so grab it while you can ...
"The silver market has crashed from its near all of $50 an ounce. Silver has made a bull run from August of 2010 to April 2011. In that time frame silver has went form $18 to $50 silver.The CME raised margin requirements and the cost of a contract going forward will be $21,600 by doing so the drove all small speculators out of the silver market. This is a forced consolidation ,a temporary pull-back but a great opportunity to by physical and hold it for the long run"