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Explaining The Wacky Discounts For The Silver ETF (SLV)

By: ETFdb
Although gold’s seemingly unstoppable rally has been one of the dominant stories of the last several months in the financial world, it is another precious metal that has stolen the show from a performance perspective. Silver has quietly emerged as one of the best-performing asset classes of 2010; the year-to-date gain of more than 60% more than doubles gold’s impressive climb [see Seven Reasons Why Silver Could Soar]. But silver finally hit a speed bump this week, not in the form of renewed confidence in the greenback or dip in industrial demand, but from an unexpected change to margin requirements by the CME’s Comex unit. Late on Tuesday, the exchange announced that it was increasing the margin requirement for trading silver to $6,500 per contract from $5,000. The move by the CME proved to be the first of several revisions to margin requirements, as the minimum amount that must be [...] Click here to read the original article on ETFdb.com. Related Stories: The Definitive Silver ETF Guide: Silver ETF Investing 101 ETF Securities Enters U.S. Market With Silver Fund Silver ETFs Surge: A Better Investment Than Gold?
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