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Article posted May 01 2011, 7:18 PM Category: Economy Source: InformationLiberation Print

Silver price drops five bucks in a flash?

Chris | InformationLiberation


Huge drop in the price of silver... It's being reported it's linked to some rule change by the Chicago mercantile exchange. I guess they made it cost a lot more to buy futures contracts for silver and that triggered a sell off, supposedly they did it to decrease volatility. I don't really understand the specifics as I'm not a trader, I don't think inducing a flash crash is decreasing volatility though.





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Comments Add Comment Page 1 of 1
Anonymous

Posted: May 02 2011, 12:36 PM

Link
67253 SILVER NEVER DROPPED FIVE DOLLARS GET YOUR FACTS STRAIGHT, SILVER WILL PASS 140 DOLLARS SOON


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