SILVER 0.30% $15.25 silver futures

"groundhog day for silver - again", page-14

  1. 24,765 Posts.
    It should be pretty obvious.

    If you want to buy a silver contract on Comex, which is for 5,000 ounces of silver, then every dollar move against you is US$5,000 dollars.

    So let's be realistic. To expect to control 5,000 ounces of silver with only $20,000 or $30,000 down is nothing short of being ridiculously over leveraged imo and just asking to be forced out at a loss.
 
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