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Message: Re: Silver Targets - CME hiked gold margins by 21%, silver by 16% and copper 18
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Sep 23, 2011 03:50PM

And you folks thought it was because of de-leveraging.

From the BBC , 26 September 2011 Last updated at 11:43 ET

Shipwreck of SS Gairsoppa reveals £150m silver haul

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A shipwreck containing 200 tonnes of silver worth about £150m has been found in the Atlantic - the largest haul of precious metal ever discovered at sea.

The SS Gairsoppa, a UK cargo ship sunk by a German U-boat in 1941, was found by US exploration firm Odyssey Marine.

The firm will retain 80% of the cargo's value under the terms of a contract with the Department for Transport.

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