Tuesday, May 3, 2011

Silver Volatility Is Outrageous. Thankfully The CME Has Put An End To It.

CME raises margins on Silver 3 times in 7 days in what they claim is a response to too much volatility.  Well, now that silver has dropped from its high of $49.75 to around $40.00 in a matter of days, it looks like silver has become docile and non volatile thanks to the margin increases.  (Sarcasm).

Jim Sinclair says to relax.  This always happens.  Especially with silver.  As Jim so eloquently put it, "Volatility, Thy name is SILVER".