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  #1  
Old 05-16-2011, 02:06 PM
awmartin awmartin is offline
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Default Shanghai To Lower Silver Margins For Second Time In Two Days If No Wild Swings In Pri

Looks like with a fairly hard floor at 34 and lower margins in Asia were primed for another round of OMG the Asian

http://www.zerohedge.com/article/sha...gs-price-today
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Old 05-16-2011, 02:16 PM
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Scorp Scorp is offline
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Quote:
Originally Posted by awmartin View Post
Looks like with a fairly hard floor at 34 and lower margins in Asia were primed for another round of OMG the Asian

http://www.zerohedge.com/article/sha...gs-price-today
What do they consider a wild swing?
We had a 1.10$ spread intraday between low and high in NYMEX.
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Old 05-16-2011, 02:22 PM
awmartin awmartin is offline
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I don't know but a 1 dollar move looks tame compared to the 7 dollar swing in less than 15 hrs last week.

39.47 (Wed. 1:45pm CST) to 32.30 (Thur 6:45am CST) on Wed/Thursday
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Old 05-16-2011, 03:34 PM
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BooBoo1000 BooBoo1000 is offline
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Default Manipulation/

China is setting up a market similar to the COMEX, in fact many of the same people are on the Chinese Board of Directors, so we can expect more robot purchases of short contracts, and the same cockamamie manipulation as we now see out of the New York COMEX. The entire bunch including the Federal Employees that have control of the Comex should all go to Jail, at once no passing GO.
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Old 05-16-2011, 06:52 PM
145bluesman 145bluesman is offline
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bump..............
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