This page has been archived and commenting is disabled.
With Now Daily Margin Hikes In Silver, Is The SLV ETF Itself Next?
Following relentless margin hikes in silver on various exchanges, here are some thoughts on what may happen as the "regulators" do everything in their power to bring down commodity prices down as the broader population increasingly creates their own gold (and as the case may be silver) standard.
From Shortetflist
Could FINRA raise the margin requirement on the Silver ETF (NYSE: SLV)?
Absolutely.
After trading 200 MM shares per day, along with outpacing the daily
volume in the SPY, it is safe to say that the Silver ETF is leading the
futures at this point so here is the question I pose.
When is Finra going to raise the margin on the SLV ETF like it did on all the leveraged and inverse products a couple of years ago?
Right now to buy the SLV etf eats up about 22K in margin buying power, imagine if this were doubled?
FINRA and other folks are keenly aware of this trading vehicle,
particularly when an unhealthy market exists. Now if the Silver ETF
trading settles down to normal levels, probably not much will happen but
if it keeps this crazy pace up, it is very difficult to rule this out.
Just some food for thought on where this thing could go.
»
- 16870 reads
- Printer-friendly version
- Send to friend
- advertisements -
Factor in the margin hikes as well. CME helping JPM.
Cheats and liars.
Wait till silver gets below 40, then we'll see.
PS. - shorted PSLV premarket, not going to sit through another 10% loss. Will close EOD and sit tight for a few days.
Talking to myself here....
Seeing far more odd lots trading than usual on PSLV. Same thing yesterday.
Small fry?
Just a rumor Tyler....no position But Renren IPO may be cancelled to a later date, due to Chair of audit committee having to resign,,,he was LFT auditor. That is why the great weakness in Chinese Internet stocks.... oh small short in BIDU Have you heard anything?
Holy Shit! The DOW is down .12 of 1% right now, while the dollar is down?
QE3 might be announced before the day is over.
Lower the margins!
Btw, I hope everyone who owns PSLV is out... the premium will continue to get crushed on the way down.
Premium on PSLV is now far less than small quantities of coins/bars.
Buying PSLV here.
You are such a fucking troll.
I wanna have your baby.
crushed just like your prediction of silver toppin' out at 34 for the longest time... just give it a rest meth man. You're hoping to recover while most folks on ZH are just wondering how much they'll profit. The only way silver goes down is if the institutions do what they can to limit the buying of silver (e.g. - raising margin requirements).
Early release day from high school today Meth?
Fraud is the business model of America
That last drop just gave me the willies.
http://www.youtube.com/watch?v=OWn0OCs0h-E
Silver looks like It's about to puke up a lung. Sorry guys. I own the real stuff, and I hope you hedged on the way up
Silver getting CRUSHED again...how much more money are you lemmings going to lose by listening to the shameless pumping of idiots like tmosely-claven?
Or Richard Head - Flaccid Shaft
So Bob, do YOU use fiat currency in your daily transactions?
What's in your wallet?
yea - silver is sure taking a dump even though it's above $40..
I guess that means you silver bears have been gettin' a Rodney-King beatdown..
Talk about licking your wounds..
tmosely was saying $49 by the end of the week.
It's Tuesday, shit-for-brains.
Thank you Flaccid Shaft. I thought it was Saturday
You clearly need help with (among other things) when the right time is to call someone out on a prediction.
Your asshole is dilated
Hey Bob, funny that you and Trav are now long lost friends.
LMAO.
I agree with him on things, and don't on others. Although, I think the preponderance of evidence pointed that rx#3 was a nuclear event, not a hydrogen explosion. That was our most heated disagreement I believe. I think he's a pretty smart dude.
I'll tustle with anyone I strongly disagree with. I don't shy away from disagreement, and I don't think he does either.
so, $60 was next week? ROTFL
How are those oil equities treating you?
Awww, is dey down too?
Too bad you can't own physical oil like I own physical silver. 1% of my physical silver could have been had at a lower price, if I had waited. But 99% of it would have been had at a much worse price if I had waited. All the other owners of physical silver are in the same boat.
You're just a timeframe picking douchebag, just like all those morons who told us for DECADES how shitty an investment in silver was because everyone bought above $50 in 1980.
Funny how all the "hard, sound money" advocates are now watching the Hi-Fi Robots bit-flipping SLV, PSLV, etc. like maniacs.
My guess is that 20 years of annual mine production has been "flipped and flopped" back and forth between PSLV, SLV, and the silver contract.....
In just a few days.
Who would have thought that the coin-shillers would see their own favored proxy instrument program-traded by huge robots using electronic digits.
More proof that "Paper" rules over "Things"...LOL...
"More proof that "Paper" rules over "Things"...LOL..."
No it doesn't. When the FRN goes, all paper goes with it. Not necessarily immediately, but eventually and completely.
I literally don't know ANYONE who thought SLV was a good proxy instrument. A very few who were chained to paper through their pensions like PSLV as the best of a bunch of bad options.
My physical silver looks fine to me.
And yet another flyby, one-liner antagonistic piece of drivel from MomoTroll.
Robot, your abject cowardice and intellectual bankruptcy, as reflected by your ubiquitous unwillingness to engage others here after posting your inevitably shallow, trollish and stock-bullish crap, is plainly evident for all to see. You are as completely contemptible as your buddy Leo, and I hope you suffer greatly in the coming fiat firestorm.
the whole point of the naked shorting is to force the weak hands to give up their silver to stronger hands.
the fact remains the usa government is bankrupt. the dollar is hanging by a thread. oil is strong. gold is barely down. sure i don't like the drop. but the deficits remain. and nobody ever said tptb would go easily into the night.
And the criminals attack again. Good thing the small investor is protected by the CFTC and all the tax dollars they collect in salaries to protect us.
That doesnt stop me buying more silvers (and gold). Im going to keep buying them no matter what they show or happen.
i could be wrong. but that last drop in silver before the silver pit closes at 12:30 cst might have been the rush to close out positions rather than meet margin calls.
BLEED!!!!
What is wrong with you?
MOMMY, MOMMY!!!
clearly you are projecting your thoughts on others. sure silver is down and you can gloat. however, there are millions of folks the world over that understand the end game of devaluation, printing and hyperinflation to fund the welfare state. you'll be a buyer of silver at some point. then my hunch is you'll be the biggest silver cheerleader on the board.
A stack of ASEs sat upon the altar. And the silver bugs worshipped it as their God.
actually, no. many of us see silver and gold as do greenspan, volcker and others throughout history. it is the enemy of central banking since it speaks to monetary management. it is seen as one of the few ways for the average guy to protect himself from debasement, devaluation and loss of purchasing power through debauchery of a currency. you're projecting your thoughts yet again with false accusations of silver and gold being God to holders.
If this keeps up, I'm gonna start calling you guys 'silver burgers' instead of 'silver bugs'.
you're making a directional bet on the price of silver over a short time span. i'm making a calculated bet on a historical inflection point. big difference in philosophies and approaches. i've made the bet that the center will not hold.
I can think of $14Trillion+ reasons why you're correct! (And nary a pair of Federal Govt scissors in sight!)
Sure this is normal. Regular trading, no problem. It's too bad the guys who got Osama got the wrong guy, they should have got Obama. Amazing what one misplaced letter can do
Well, this will shake loose some physical to help the frauds make delivery but will it be enough?
Might get them through May.....I read Harvey every day, get many cues from him.
Even so, there's always cash settlement.
COMEX traded 26 bil USD worth of July Silver today, how comes Silver ETF
"is leading the futures" with 20% of that volume traded?
Some people call me dumb for buying $50-$60/oz on eBay. I say what's dumb is holding paper silver. Real world physical is $50-$60 and everyone knows that.
Christmaas is coming early this year.
Silver Bells, Silver Bells,
Its that time the Brinks truck is your driveway.
Hear him knock, to drop that commex off. Hear you cry. Because that hole in your backyard is not big enough.......
Holy crap, Holy crap, this silver is gonna bankrupt me.
Thats the last time I listen to the internet!
BTW what the hell is a margin call?
Everyboy now, thats the last time I listen to Cramer.
Also on this album is blame the shorts, blame the shorts and grandma got run over by Keiser.
The CFTC is responsible for this mess with their perpetual inaction against the Comex. 5000 contracts my ass.
Hold core PM positions. Buy silver at $38 and gold at $1493 (unless gold closes over $1577 before it drops to $1493, in which case buy at $1577).
bugs vs. top callers: round #317
i listened to neither and made money
Cmon man
Grab a big stick and join in the fun.
I will buy my weight in silver if it ever sees $20/ounce again. Don't junk me, a guy can dream.
If you plan to take delivery
margin costs don't have any
impact. There are big buyers that
want to take delivery.
The action taken by the
exchanges only will only
allow the large buyers to buy
more for their money. This
shakes out the weak hands
and makes it harder for
manipulation to continue.
Buy physical gold and silver
because fiat currencies are dead.
Dave B.
Bust the Comex... This is a good view.
http://jessescrossroadscafe.blogspot.com/2011/05/cme-announces-third-margin-increase-for.html