re: increasing margins for metals and gas again
My comments are in the previous posts of this thread.
There were 3 reasons why silver was brought down:
1. Acouch's graph and those of others showed that it was close to being overbought. However, in a bull market that could persevere somewhat.
2. The sudden extra margins added by the FED. This would have had a major effect on pricing.
3. The faint realisation that the approval of the silver ETF was being held up by the FED.
From my first post on 19 April, this thread: " But don't rely on the FED to assist the establishment of any ETF which is contrary to its interest. That could finally affect silver prices".
That last sentence was a warning.
These 3 conditions, when combined, had a strong effect.
I normally don't predict falling prices; just now, there is a slight recovery: Silver 12.0 and Gold 613.9
