Silver Stumbles On (More) Margin Hikes, Export Restrictions As we detailed earlier in the week, the immediate catalyst for silver’s sudden slump was not a single factor but a multitude that cracked the massively overbought precious metal (including export restrictions, US and China margin hikes, ETF flows, etc). Many, including us, warned that during the holiday period, traders could experience bouts of extreme volatility given the lower liquidity, but prices were expected to rise overall. That ‘volatility struck over the weekend with Monday’s big price retreat: silver prices did take a significant downward presumably because of another increase in margin levels… — Continue at ZeroHedge News : Read More
