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Debate House Prices


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How do you know when its a crash?

24567

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    rfowler wrote: »
    If it was due to teh Comex all Metals would have got it

    COMEX only put up the margin on silver futures. It's gone up from about $14,000 a contract to $17,000. A year ago the initial margin was about $5,000 a contract.

    The reason will be that they fear that a big drop in prices will wipe out margins leaving counterparties with a loss that can't be covered. COMEX's job is to maintain an orderly market. This is a part of that IMO.
  • wherediditallgothen
    wherediditallgothen Posts: 1,520 Forumite
    lemonjelly wrote: »
    My tip is frozen concentrated orange juice...;)

    Pork bellies. 'Sell Mortimer, SELL!' :D
    Set your goals high, and don't stop till you get there.
    Bo Jackson
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    IronWolf wrote: »
    Does -20% in 4 days count? Not showing any signs of slowing, down to $38 at the moment

    I presume they wont be using the line "UK property has gone up 20% in the last 4 days" now. :)
  • System
    System Posts: 178,388 Community Admin
    10,000 Posts Photogenic Name Dropper
    :D

    House prices measured in silver are up 20%! Woooo!

    One of the single most pointless memes I see on here.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    THE_SLUMRAT_GHUOLS wrote: »
    Where are the PM paracites now???

    Staying away from you because you are a weirdo
  • IronWolf
    IronWolf Posts: 6,454 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    price has crashed even further today, at $36.50 now, almost 10% fall in 1 day!
    Faith, hope, charity, these three; but the greatest of these is charity.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Should have put their money in bricks and mortar.
  • pwllbwdr
    pwllbwdr Posts: 443 Forumite
    Part of the Furniture Xmas Saver!
    Graham_Devon wrote: »
    conspiracy theorists believe there is far more than meets the eye here

    Isn't that just the definition of a conspiracy theorist?
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 5 May 2011 at 3:23PM
    If it keeps going like this for every house I own (just one) I will be able to by twice as much silver as I could a week ago. :)
    (to pull out another silver favourite)
  • bendix
    bendix Posts: 5,499 Forumite
    is it wrong to take glee in the obvious discomfort jpmorgue and padington et al are obviously feeling right now?
This discussion has been closed.
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