margins

2 votes

On Friday, CME Group Hiked Comex Gold Margins 21.5%, Silver by 15.6%

This may be the reason that gold and silver plunged. But, it goes deeper than this. The bankers knew they would be pulling out of the markets to buy Treasuries, which is propping up the dollar, so, why raise margins on gold and silver if they were going to fall anyway? The excuse they give is the margin increases are due to volatility, not prices. I'm not buying it.

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