Margin increase on Pallaium now

[southfork]

http://www.kitco.com/reports/KitcoNews20110304AS_CME.html

Why dont they increase the margins on their phony paper and let physical take care of itself.

Nymex Palladium Margins Rising 25% After Close Of Business On Friday

04 March 2011, 8:41 a.m.
By Kitco News
http://www.kitco.com/


(Kitco News) - Margins for palladium futures on the New York Mercantile Exchange will rise by 25% after the close of business Friday, CME Group announced late Thursday.

At the same time, the exchange also announced margin increases for a number of energy products, including crude oil, heating oil and RBOB gasoline futures, as well as some of the agricultural products, including wheat. CME Group said the changes are a part of “the normal review of market volatility to ensure adequate collateral coverage.”

For speculators, the “initial” margin for new trades in the main Nymex palladium contract will increase to $6,875 from $5,500. The “maintenance” margin for speculative positions, as well as all positions by hedgers, will rise to $6,250 from $5,000, CME Group said.

CME Group also increased the margin for the miNY palladium futures.

The complete CME notice announcing the margin changes can be seen in the following link:
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-79.pdf



By Allen Sykora of Kitco News; asykora@kitco.com

Don’t Miss a Word! Read Kitco News on the Go with Kcast Gold Live for iPad! Get it now!

<<Back to more Kitco exclusive news

[HistoryStudent]

Well they are raising the BRIBES to take paper MONEY from the FED/CRIMEX for their silver contracts from 20% a few months ago to 50% in December, and now in February they give you 80%.

So instead of 100% physical delivery of 5,000 ounces: you get 180% in money: BOY, I take the 180% money and call Tulving immediately.


He also wants the 1,000 bars - somebody needs them really bad like right NOW!

[HistoryStudent]

http://www.kitco.com/reports/KitcoNews20110304AS_CME.html

Why dont they increase the margins on their phony paper and let physical take care of itself.

Nymex Palladium Margins Rising 25% After Close Of Business On Friday

04 March 2011, 8:41 a.m.
By Kitco News
http://www.kitco.com/


(Kitco News) - Margins for palladium futures on the New York Mercantile Exchange will rise by 25% after the close of business Friday, CME Group announced late Thursday.

At the same time, the exchange also announced margin increases for a number of energy products, including crude oil, heating oil and RBOB gasoline futures, as well as some of the agricultural products, including wheat. CME Group said the changes are a part of “the normal review of market volatility to ensure adequate collateral coverage.”

For speculators, the “initial” margin for new trades in the main Nymex palladium contract will increase to $6,875 from $5,500. The “maintenance” margin for speculative positions, as well as all positions by hedgers, will rise to $6,250 from $5,000, CME Group said.

CME Group also increased the margin for the miNY palladium futures.

The complete CME notice announcing the margin changes can be seen in the following link:
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-79.pdf



By Allen Sykora of Kitco News; asykora@kitco.com

Don’t Miss a Word! Read Kitco News on the Go with Kcast Gold Live for iPad! Get it now!

<<Back to more Kitco exclusive news

Somebdody good must be your mentor!

[pay dirt]

Been searching the periodic table cant find Pallaium anywhere. Is it some rare new hybrid metal?:haha:

[Another]

YOU'S bad....

Remember a male's biggest problem is SPELLING! Kinda.

[southfork]

Been searching the periodic table cant find Pallaium anywhere. Is it some rare new hybrid metal?:haha:


You would find it in the grammar sections and the sections where they show can't used and pronunced properly and with how to begin a proper sentence , you are welcome.

People who is live in glass houses shouldn't throw stones.