# Income generator

**URL:** <https://forums.collective2.com/t/income-generator/2542>\
**Category:** C2\
**Created:** [June 15, 2014, 6:05pm UTC](https://forums.collective2.com/t/income-generator/2542 "2014-06-15T18:05:42Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![HinaKhawar](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/hinakhawar/32/122_2.png) [@HinaKhawar](https://forums.collective2.com/u/HinaKhawar)\
**Post date:** [June 15, 2014, 6:05pm UTC](https://forums.collective2.com/t/income-generator/2542/1 "2014-06-15T18:05:42Z")

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Silver has bounced off support and is nicely moving upwards. I had earlier purchased 10 ounces of Silver and as soon as the market opens today i will be in with another 10 ounces. It is important to remember that Silver was at $ 90 /ounce in 1979. There is a potential for Silver to move upwards. Unfortunately XAG/USD pair is not supported by Collective2 as one of its Forex pairs

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**Author:** ![MatthewKlein](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/matthewklein/32/21382_2.png) [@MatthewKlein](https://forums.collective2.com/u/MatthewKlein)\
**Post date:** [June 15, 2014, 7:37pm UTC](https://forums.collective2.com/t/income-generator/2542/2 "2014-06-15T19:37:30Z")

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Hi, Hina:  
  
USA accounts are not permitted to trade XAG/USD, which is we do not support it. You can trade a silver futures contract, instead, which C2’s USA customers are allowed to trade in their broker accounts.

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**Author:** ![HinaKhawar](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/hinakhawar/32/122_2.png) [@HinaKhawar](https://forums.collective2.com/u/HinaKhawar)\
**Post date:** [June 16, 2014, 11:21pm UTC](https://forums.collective2.com/t/income-generator/2542/3 "2014-06-16T23:21:20Z")

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Mr. Klein, just want to clarify that the USA traders are allowed to trade XAG/USD & XAU/USD, but are not allowed leverage on these pairs. You can trade these pairs without any leverage i.e. to buy 1 unit of XAG/USD you have to set aside a margin $ 19.60 and to trade 1 unit of XAU/USD a margin of $ 1270 has to be set aside. The margin goes up & down along with the price of these commodities.  
  
Thanks,   
  
Hina

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**Author:** ![HinaKhawar](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/hinakhawar/32/122_2.png) [@HinaKhawar](https://forums.collective2.com/u/HinaKhawar)\
**Post date:** [June 18, 2014, 10:43pm UTC](https://forums.collective2.com/t/income-generator/2542/4 "2014-06-18T22:43:20Z")

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The Silver price has broken minor trade and is steadily moving up. XAG/USD is currently trading at 19.85/ounce. Still a lot of upside potential in this trade

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**Author:** ![HinaKhawar](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/hinakhawar/32/122_2.png) [@HinaKhawar](https://forums.collective2.com/u/HinaKhawar)\
**Post date:** [June 18, 2014, 10:44pm UTC](https://forums.collective2.com/t/income-generator/2542/5 "2014-06-18T22:44:29Z")

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Correction; broken minor resistance

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**Author:** ![HinaKhawar](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/hinakhawar/32/122_2.png) [@HinaKhawar](https://forums.collective2.com/u/HinaKhawar)\
**Post date:** [June 19, 2014, 10:48pm UTC](https://forums.collective2.com/t/income-generator/2542/6 "2014-06-19T22:48:10Z")

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Another good day for Silver. It is up to 20.70. A minor resistance here on the weekly chart. The price will gyrate here before breaking this resistance. Once this minor resistance breaks. I will add another 10 ounces to my Silver portfolio