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<p>[QUOTE="Evom777, post: 1905832, member: 27123"]When silver hit $49.....Comex immediately adjusted their margins for it. The rationale that was thrown out there to justify this was that silver was getting too volatile. Oooooooo....$49 an ounce, wow, what volatility. Who could afford such an insanely high price like that?</p><p><br /></p><p>All sarcasm aside......I listened to the jive that was coming from the bearish types when silver was at $30 and rising......"people will sell when it hits $35..........When it hits $40, there will be a mass exodus from silver. $45 is almost unprecedented......look for it to fall should it hit the $45 mark." Yet despite the pessimism, silver rose until Comex put their foot down. I`m not going to rehash the debate as to who might have made the request to them to do so, as it`s all water under the bridge now, but as for me, I`ll gladly keep buying it at its current levels.</p><p>Let it hit $15.......I`ll be on that like white on rice, fo real G.[/QUOTE]</p><p><br /></p>
[QUOTE="Evom777, post: 1905832, member: 27123"]When silver hit $49.....Comex immediately adjusted their margins for it. The rationale that was thrown out there to justify this was that silver was getting too volatile. Oooooooo....$49 an ounce, wow, what volatility. Who could afford such an insanely high price like that? All sarcasm aside......I listened to the jive that was coming from the bearish types when silver was at $30 and rising......"people will sell when it hits $35..........When it hits $40, there will be a mass exodus from silver. $45 is almost unprecedented......look for it to fall should it hit the $45 mark." Yet despite the pessimism, silver rose until Comex put their foot down. I`m not going to rehash the debate as to who might have made the request to them to do so, as it`s all water under the bridge now, but as for me, I`ll gladly keep buying it at its current levels. Let it hit $15.......I`ll be on that like white on rice, fo real G.[/QUOTE]
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