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Silver dropped 9% today.

jokerswild got out at 50 and will rebuy the instant prices reach their lowest point before rebounding
 
margin requirements on silver go to 18K by monday. that will force small investors to sell atleast a portion of their silver. with prices tanking they may not be able to sell to cover their margin requirements. this is why this drop was so fierce. 30% down in 4 days. boggles the mind.. the good news is oil has also tanked.. and gas prices are set to drop 15 cents overnite :)
 
margin requirements on silver go to 18K by monday. that will force small investors to sell atleast a portion of their silver. with prices tanking they may not be able to sell to cover their margin requirements. this is why this drop was so fierce. 30% down in 4 days. boggles the mind.. the good news is oil has also tanked.. and gas prices are set to drop 15 cents overnite :)

Gas dropped 25 cents here between the time I went into work and left today. Still 20 cents higher than it was 4 weeks ago.
 
Fear not, Chris! You're NOT an idiot and therefore didn't allocate anywhere close to whatever savings you have into old nickels.

lolll..the fed's destroyed the value of directly owning valuable metals under FDR by restricting it to collectibles....that's ten times worse than slippage on stocks.
 
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