Something strange
Posted: Thu Mar 08, 2012 12:41 pmI know there is a disconnect between paper, and real, and options when it comes to silver but, this has kinda confused me.
As of RIGHT NOW 12:38 March 8th 2012 (EST) the March 12th Contracts for silver are at $35.58, up $2.04 over yesterday.
Kitco has spot price of silver at 33.72 at the same exact time.
That is a disconnect of $1.86. I have been watching the dated contract prices and they normally are slightly off from the current spot price, in a range of +/- 30c. But this seems really abnormal.
Anyone have a clue what the eff this means, or is this normal?
EDIT.
OK now the march 12 price droped down to only $0.04 up for the day, technical glitch or did someone make a huge purchase? Time stamp 12:42 March 8th 2012
The day's range is all over the place, check it out.
http://finance.yahoo.com/q?s=SIH12.CMX
EDIT 2.
ITs futures, and the ask and bid price. Still seems REALLY far apart.
As of RIGHT NOW 12:38 March 8th 2012 (EST) the March 12th Contracts for silver are at $35.58, up $2.04 over yesterday.
Kitco has spot price of silver at 33.72 at the same exact time.
That is a disconnect of $1.86. I have been watching the dated contract prices and they normally are slightly off from the current spot price, in a range of +/- 30c. But this seems really abnormal.
Anyone have a clue what the eff this means, or is this normal?
EDIT.
OK now the march 12 price droped down to only $0.04 up for the day, technical glitch or did someone make a huge purchase? Time stamp 12:42 March 8th 2012
The day's range is all over the place, check it out.
http://finance.yahoo.com/q?s=SIH12.CMX
EDIT 2.
ITs futures, and the ask and bid price. Still seems REALLY far apart.