Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Reduction in CME Margin Requirements

IMHO this is significant as it shows what liars and manipulators the bankers are. The reason they gave for all of the margin increases on Silver was because the rising price of silver created a situation where the margins were becoming too low of a percentage of the underlying contract. This does on the surface make a lot of sense as you need speculators to have some of there own skin in the game. If the Comex was serious about an orderly market they would apply a percentage of the underlying value similar to the way margins are applied to stocks in Canada. Gold is at near record highs right now and the middle class is by and large unable to afford to buy gold. By reducing margins on gold it will allow the bankers to get their hands on more of it. Silver has declined by almost 25 % off of it's high (poor mans gold), yet I did not see silver mentioned in that posting. This announcement by the regulators makes it very clear to me that the takedown of the silver price was manipulation at it's ugly best and the current margin requirements are being adjusted for the big boys.

Share
New Message
Please login to post a reply