CME Group Hikes Margin Requirements For Silver – AGAIN ! 3 Times In A Week !
- The bullion banksters are desperate and worried sick. What are the odds that the CME will hike margins 3 times in a week? The last hike was just at the close of trading on Friday! This basically tells you that the PTB are losing the war over bullion prices manipulation.
CME Group hikes margin requirements for Silver – AGAIN
by Dan Norcini
For the third time in a week, the exchange has hiked margin requirements for trading silver futures contracts. New margin requirement rises to $16,200 from $14,513. Maintenance margin moves up to $12,000 from $10,750.
Hedgers pay the maintenance margin as their initial margin requirements. It looks as if the exchange is extremely worried after seeing a nearly $10 plunge in silver prices overnight. It will make it more and more difficult for small specs to participate and as I have said previously here, will tend to magnify downward moves in price as margin calls escalate rapidly.
Small specs – be extremely careful in this market right now. There is an attempt going on here to rid the general public of its positions leaving only the big boys to play. That will also aggravate the volatility even more and open interest drops off and liquidity begins to shrink.
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