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Central Missouri | Margin as a fixed percent of contract is a good thing imo. Less margin increase announcements though i suspect the fixed percentage will increase as price increases.
It doesnt really matter imo because this is a physical driven market as buyers are taking delivery in greater amounts because of the fear of a physical shortage. To take delivery you have to margin your position to 100% so a fixed margin percentage of 15% isnt unreasonable except to small speculators. This may actually drive the general public small speculator into the coin shops or online retailer which tightens further the physical market. It is why comex is initiating a 100 ounce contract.
As long as shanghai stays at a substantial premium to comex, prices on comex are headed higher because you can take delivery off comex and ship the silver to china and make 3-4 dollars an ounce and then china locks up more of the supply of this ever increasingly strategic metal.
This is a once in a generation bull market. These come along once every 50-100 years. The immense amount of upside energy that is being released due to silver price having been kept in the 4-50 dollar box for 50 years is immense. No one knows where price will settle out at but its a fun ride.
Edited by ehoff 1/14/2026 05:36
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