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Message: CME Hikes Gold Margins 25% to $8,000!
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CME Hikes Gold Margins 25% to $8,000!

June 20, 2013 By The Doc 7 Comments

The cartel is pulling out all the stops to induce as much pain as possible through the highly levered paper metals markets. Apparently a $100 smash in gold in 24 hours is not enough.
Moments ago, the CME announced a 25% hike in both initial and maintenance gold margins from $6,400 to $8,000, effective after market close Friday 6/21. [Read more...]

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