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To: Terry Mross

silver and gold down because of margin calls in equities - people needed to pull money from safe-haven’s to get out of equities fast.


31 posted on 08/04/2011 11:39:33 AM PDT by ImaGraftedBranch (...By reading this, you've collapsed my wave function. Thanks.)
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To: ImaGraftedBranch; Errant

Thanks, guys.

I’ve got the food, water, guns and ammo.


35 posted on 08/04/2011 11:48:12 AM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: ImaGraftedBranch

Also, stacks of margin calls in futures accounts will be sent out today, and the traders know it and are liquidating positions left and right. Virtually every mkt is down except for bonds, USD and hogs (for some odd reason). The risk-on traders are having their heads handed to them today.


40 posted on 08/04/2011 11:59:38 AM PDT by SAJ (Zerobama -- a phony and a prick, therefore a dildo)
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