Message:

<p>[QUOTE=&quot;InfleXion, post: 1252465, member: 29012&quot;]27% margin hike by the CME can claim responsibility as far as I&#039;m concerned. It goes into effect tomorrow, but the announcement was made earlier today and is probably already priced in for the most part now. I highly doubt it&#039;s the last time this will happen, but my question is will we see more margin hikes in rapid succession like we did in silver? Shanghai did 22% two days ago so it wouldn&#039;t surprise me. A combined 49% hike is nothing to scoff at, but I didn&#039;t expect gold to be so easily moved being such a large market compared to silver. </p><p><br /></p><p>Over this span we&#039;ve seen an 8% drop in gold (1900 -&gt; 1750) and an 11% swing in silver (44 -&gt; 39) [now 9% drop at $40] and a move like that says buying opportunity to me. Although I&#039;ll be keeping an ear to the ground for hikes. Once Bernanke speaks Friday I expect this dip to be done with. No guarantees <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in