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Just my own personal thoughts on silver and the un-easy market conditions.
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<p>[QUOTE="desertgem, post: 1213154, member: 15199"]I am sure it doesn't surprise you to know that JPM is one of the principals of SLV. As such they can do as they wish with shares and physical within the framework of the trust ( which they wrote, and are quite favorite to them). They make $$$$$$$$$$ at the expense of the retail. Like the major casinos the odds are with them, no matter which direction silver goes. they can be on the other side of the fence within seconds, and flip flop as needed. <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">I really don't like limits except as enforced by your broker to protect themselves, and they usually are related to margin. In reality unless option/future limits were equal to both long and short side, they wouldn't be legal or fair. Commodities often have limits on how much they can go up or down in a certain period, but it is similar limits in both directions. IMO.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Jim</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1213154, member: 15199"]I am sure it doesn't surprise you to know that JPM is one of the principals of SLV. As such they can do as they wish with shares and physical within the framework of the trust ( which they wrote, and are quite favorite to them). They make $$$$$$$$$$ at the expense of the retail. Like the major casinos the odds are with them, no matter which direction silver goes. they can be on the other side of the fence within seconds, and flip flop as needed. [LEFT][COLOR=#000000] I really don't like limits except as enforced by your broker to protect themselves, and they usually are related to margin. In reality unless option/future limits were equal to both long and short side, they wouldn't be legal or fair. Commodities often have limits on how much they can go up or down in a certain period, but it is similar limits in both directions. IMO. Jim [/COLOR][/LEFT][/QUOTE]
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Just my own personal thoughts on silver and the un-easy market conditions.
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