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On behalf of precious metal investors, I urge you to gather your wisdom and resources to react fast accordingly to the latest silver margin hikes (84% now) by CME Group.
This is an apparent international financial crime committed in broad daylight to cover-up COMEX shortage of physical silver (in particular) and gold. CME has perpetrated abuse of power, unfair practices, monopoly and anti-investors schemes.
The rumors about silver being parabolic are uneducated nonsense. In 1982, Silver was US$50 and a box of 18 oz Kellogg's Corn Flakes was US$1.25. Today (2011), 1 box of 12 oz of Kellogg's Corn Flakes costs US$3.79.
Millions of investors are affected around the world. Justice must be done.
Thanks & regards,
Originally posted by SpaDe_
reply to post by camaro68ss
Those are my thoughts as well. I was actually hoping for a pullback in silver so that I could increase my position. I think the dollar rally will be short and silver will rebound quickly the minute the dollar rally ends. I actually read a few weeks back that a correction back down to the $28/oz level in silver was expected followed by a quick climb back up to current levels. Don't remember which site that was on... Kitco maybe?