Thursday, September 15, 2011

Silver breaks $32 an ounce – COMEX increases margins 50%

Silver closed out the week at $32.66 (briefly saw $32.92). COMEX, where gold and silver futures are traded, increased margins in an attempt to limit speculators. Its not speculators driving up the price, it’s Ben “Bullwinkle” Bernanke. You might want to buy silver before Monday.

(original February 19, 2011)

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