they tend to raise gold and silver margins at the same
time....
And on oil, if the speculators are really to blame for oil and
gasoline being so high, then is the current admin so stupid or
clueless not to have the CFTC raise those margins 50-100% of what
they are now?"
Stupid and clueless, asked and answered.
In 1980 the CFTC raised silver margin to 100% of the value of
the contract and then to 150 or 200% to crush the Hunts, if memory
serves, and also prohibited new long positions, so who could they
sell to?
Gold 1550
Posted by mamaduck on 29th of Apr 2011 at 12:27 pm
Kitco Price
Gold 1560
Posted by mamaduck on 29th of Apr 2011 at 01:41 pm
Well if you raise margins
Posted by coold on 29th of Apr 2011 at 02:17 pm
Well if you raise margins for Silver then people will go to Gold.
margins
Posted by perthx on 29th of Apr 2011 at 02:20 pm
they tend to raise gold and silver margins at the same time....
And on oil, if the speculators are really to blame for oil and gasoline being so high, then is the current admin so stupid or clueless not to have the CFTC raise those margins 50-100% of what they are now?"
Stupid and clueless, asked and answered.
In 1980 the CFTC raised silver margin to 100% of the value of the contract and then to 150 or 200% to crush the Hunts, if memory serves, and also prohibited new long positions, so who could they sell to?
GOLD 1570
Posted by coold on 29th of Apr 2011 at 02:44 pm
GOLD 1570
Happy to stick with gold here; trading sustainably well
Posted by lessarda on 29th of Apr 2011 at 12:33 pm
Do want another pullback to rising support to add on, though.