The CME is set to drop precious metals margins on Monday. There's a story on it over at ZeroHedge.
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv12-059.pdf
http://www.zerohedge.com/news/cme-cuts-gold-silver-platinum-and-copper-margins
PM margins dropping Monday
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PM margins dropping Monday
by Engineer » Fri Feb 10, 2012 3:40 am
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Re: PM margins dropping Monday
by nero12345 » Fri Feb 10, 2012 7:31 am
Let the games begin.
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Re: PM margins dropping Monday
by Tourney64 » Fri Feb 10, 2012 1:52 pm
Will drop them only to increase them at an opportune time to screw small time investors.
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Re: PM margins dropping Monday
by nero12345 » Fri Feb 10, 2012 3:28 pm
Tourney64 wrote:Will drop them only to increase them at an opportune time to screw small time investors.
yup i believe your right. another way to manipulate. jesh
Silver and Gold
•It does nothing – but it hides no mistakes.
•It holds no press conferences – but it tells no lies.
•It makes no promises – and never delivers less.
•It does nothing – but it hides no mistakes.
•It holds no press conferences – but it tells no lies.
•It makes no promises – and never delivers less.
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nero12345 - Penny Collector Member
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Re: PM margins dropping Monday
by Delawhere Jack » Fri Feb 10, 2012 4:48 pm
Tourney64 wrote:Will drop them only to increase them at an opportune time to screw small time investors.
Yep. But after the MFG fiasco they've chased a lot of dupes out. Need to lure'm back in for the slaughter.
I've gone Galt. Obama and all the other commie's can kiss my a....
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Re: PM margins dropping Monday
by Engineer » Fri Feb 10, 2012 4:59 pm
While this would normally be pretty bullish for PMs, they still took a pretty big hit today along with the rest of the market.
Perhaps the CME knows the market is about to take a dive, and they're trying to help keep PM prices up...
Perhaps the CME knows the market is about to take a dive, and they're trying to help keep PM prices up...
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Engineer - Super Post Hoarder
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