Silver Prices Tumble 12% After CME Hikes Margin , CME Group Inc.’s Comex unit raised margin requirements on silver trading for the second time in less than a week. after a 170 per cent rally over the last 12 months to a record high last week ,Silver bounced off early lows after falling as much as 12 per cent on the Asian markets, as speculators scaled back their bullish bets on increased futures margins and a technical overhang.The sharpest slide occurred several hours before the U.S. announced the killing of Osama Bin Laden,but according to insiders this is a healthy pull-back the fundamentals both for silver and Gold are still solid and we have to expect new surges in the coming days weeks and months for the silver and gold prices , both will break their all time high records , so this is a golden opportunity for investors who believe in the physical metal to buy more physical silver and gold
Monday, May 2, 2011
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