Streetmoney21 says CME raised Silver Margins from 21,600 per contracts to 27,200 per contract on Friday Nov 4, 2011

4 posts / 0 new
Last post
lilbromarky1
lilbromarky1's picture
Offline
Joined: 06/15/2011
Hat Tips: 2464
Posts: 292
Streetmoney21 says CME raised Silver Margins from 21,600 per contracts to 27,200 per contract on Friday Nov 4, 2011

Streetmoney21 says CME raised Silver Margins from 21,600 per contracts to 27,200 per contract on Friday Nov 4, 2011

If this is correct, we are in for a world of hurt or metal on the cheap, depending on how you want to look at it.   If you were thinking about selling for any reason today is the day to do it, assuming that what Streetmoney says is correct.  

These assholes at the CME are going to piggyback this onto some bad dow news that will likely come out next week.  I think we're right on the cusp of a moment.

Edited by admin on 11/08/2014 - 06:08

__________________

Like my ideas? Check our blog at: http://backtobasicseconomics.blogspot.com/

lilbromarky1
lilbromarky1's picture
Offline
Joined: 06/15/2011
Hat Tips: 2464
Posts: 292
(No subject)

__________________

Like my ideas? Check our blog at: http://backtobasicseconomics.blogspot.com/

kjm
kjm's picture
Offline
Joined: 06/20/2011
Hat Tips: 879
Posts: 180
ratio

the ratio is going to 1:1 on everything, not just silver.  All because of the MF mess I assume.

zilverreiger
zilverreiger's picture
Offline
Joined: 06/14/2011
Hat Tips: 2845
Posts: 578
see the other topic

note: this affects both shorts and longs

Imagine you have a futures position now which you have backed with 100 USD

You will on monday be required to back it with 135 USD

Or you could reduce your position so 100 can still back it.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Topic locked
Syndicate contentComments for "Streetmoney21 says CME raised Silver Margins from 21,600 per contracts to 27,200 per contract on Friday Nov 4, 2011"