View Full Version : Who wants to bet COMEX will raise margin requirements soon?
04-15-2011, 11:18 AM
PM prices are getting too frothy for some, not me. Who wants to bet COMEX will raise margin requirements soon?
04-15-2011, 11:32 AM
I'm expecting COMEX to announce a margin raise any time now.
Margin raises are not used to cool down the price, they are used to keep the percentage of 'good faith' money on a contract consistent. Heck, the last two margin raises did basically nothing to the price of Silver. We had a bit of an inter-day drop but the price quickly recovered.
04-15-2011, 11:44 AM
I heard this last Monday on the am radio that they changed the colateral requierments at the Comex,but I was not able to find any specific write up about it.
Anybody know anything about that,or is that about the same issue-[margins]?
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