Raising the margins sucked alot of air out of the room.
I said last week when it peaked that it was parabolic and speculators be careful you don’t get whipsawed. Rule #1 in markets - never argue with the ticker. Movement combined with volume never lie.
If you bought silver under $10 bucks and are holding long, you’re good.
Good point. They raised margins five times in a week or so. The only reason for doing that was to wipe out small investors who brought on margin.
Not a problem for me (I’m glad to say). Margin-buying in Silver is a Venus flytrap that will eat you alive. Only ever buy what you know you can pay for.