Monday, May 2, 2011

Is A Comex Silver Default Imminent?

Take a look at the amount of Silver available for delivery in the Comex warehouses and you will see why the CME who runs the Comex Exchange has found it necessary to hike the margins on Silver Futures Contracts 3 times in the past 7 days.  It looks like we may be scraping the bottom of the silver barrel.  Visit 24 Hour Gold for the live interactive chart.