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

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#1 Sat, Nov 5, 2011 - 9:08am
lilbromarky1
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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: lilbromarky1 on Nov 8, 2014 - 5:08am
Sat, Nov 5, 2011 - 9:08am
lilbromarky1
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(No subject)

Like my ideas? Check our blog at: https://backtobasicseconomics.blogspot.com/
Sat, Nov 5, 2011 - 11:14am
kjm
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ratio

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

Sat, Nov 5, 2011 - 12:37pm
zilverreiger
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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.

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