Monday, May 2, 2011

CME Group Hiking Silver-Futures Margins By Another 11.6%

I view each margin hike as short-term negative for any commodity, as weak longs liquidate, but long-term it remains bullish for silver because buyers of physical bullion buy at discounted prices and provide a floor for the silver market.

See disclaimers in the side bar.

Disclosure:  long silver.

No comments:

Post a Comment