RE: RE: silver open interestal:
Why stop at 40, 120 and 1500? Why not more? Wouldn't the world be a better place with $200 oil, $2500 gold and $10 copper? Maybe higher prices will somehow top up all those underfunded civil servant pension plans in states like New Jersey.
You may not have a chance to play your short if Gadhafi stops a bullet. Especially if it's in the middle of a trading day. Then again, with how silver and gold have traded over the past two years, I wouldn't be surprised if the hedge funds pump everything up on any kind of news.
The events in the middle east is just what the doctor ordered for The Fed. QE2 was The Feds doing. The middle east issues can be called QE3. It's producing the same results as QE2. If The Fed was looking for a way out of QE2 they just got it.
halfcent