[ExSES]

Just checked Asia and silver is down now/ off N Y about 60 cents to $14.00 but gold on the other hand is up $3.60 from the N Y close.

There will be increasing volatility in gold and silver as the massive forces dependent upon suppressing their prices (as they have for many years) fight to retain the upper hand. The problem is that a growing number of people are taking physical possession of the metals (and many of those are among the billions in Asia!).

BTW, the Comex Exchange raised their silver margin requirements again. There was a time where they (as I vaguely remember) actually required more than 100% margin in order to squash speculators raising the price. Now, the international markets hold far more power and the Comex may have to admit it at some point! If you have done much reading on silver you will find that the Comex plays with "paper" which far exceeds the amount of physical silver available for sale EVERYWHERE!

[djf]

Yup. COT report from last week shows commercials long 22,847 and short 94,633. net 72,000 give or take.

Thats three hundred sixty MILLION ounces!

http://www.cftc.gov/dea/futures/deacmxlf.htm

They shoulda got out when the gettin was good at six bucks an ounce, but nooooooooooo.........

;->