Re: Remember "Margin Call"?
in response to
by
posted on
Aug 12, 2012 07:03PM
let's see.
OK, so months ago I made a bold 'prediction'. Let's see what's happened recently.
I said that whatever is going to happen will be signaled by the silver price.
I mentioned in the reference to the movie "MARGIN Call" to 'be careful', (especially if you are going to be in silver futures or ETFs).
The clue was the word "MARGIN". Within a week of that post, the CME lowered MARGINS on Silver contracts to set the framework to fleece the retail market, by making it easier for retail to buy a futures contract in silver, and bringing in more retail money. Money that won't be seen again by the investor (see below why).
I said 'Be Careful' as if you want to try to play the market, you will be in a manipulated market subject to wild swings.... hmmmm speaking of which,
Forget about the fact that within days of that post also KCG's computer algos developed a 'mind of their own' after India was turned off. Literally. But that story is all coincidence I'm sure.
History (of silver price) will look tame compared to what's coming up for silver.
Oh, and don't believe everything you read in that pink paper. (well, they call it salmon).
And now you have the courts ruling that your money in ANY financial instituion is NOT yours, regardless of whether you deposited cash there or not.
scroll down if it's no longer at the top to read the Alert:
RED ALERT: It's Open Season on All Customer Funds
And don't just dismiss the news reported because of the link. You can find that news if you search for it otherwise.
The sad part is that here I am, joe schmoe, no college degree, and what's going on is obvious that I can call some of these things days ahead.
And that's just from gathering the information that's out there and available on the net.
Now I've given a specific week in a post from about five weeks ago or so.
I'm not saying that will be the end-point of the 'event', rather it will start the chain of events that will lead to what I mentioned ealier this year.
And it's possible that I was ahead by a few days. Could be a week later, but my spidey sense still says more likely original estimate.
I guess the biggest question is will it be reported in the lamestream media at the time? (My guess is that it will be big enough to be.... but it will be 'underreported'.)
Now for those thinking I should get an award like in my last post, I suggest you start asking cross-country over the road truck drivers how much more armored vehicles on trailers they have seen being shipped on the interste highways lately.
And I'm NOT going to tell you how to trade anything unlike last year where I gave you opportunities to make serious federal reserve notes with my opinions.
Since this market (casino) is so heavily weighted in favor of the house, even if you win, you still may not be able to get cash for your chips. Therefore, I'm not going to suggest anything this time around.
Good luck.
Now maybe you should find the news today about the new Egyptian president deploying tanks to the Isreali border. Good luck finding that on the LSM, however.