You are viewing an obsolete version of the DU website which is no longer
supported by the Administrators.
Visit
The New DU. Reply #78: This makes the third time margins have been raised when spot
[View All]
Po_d Mainiac
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon May-02-11 10:28 AM
Response to Reply #39 |
| 78. This makes the third time margins have been raised when spot |
|
closed on a 10X handle. The first was at $40 and now two separate exchanges moved the goal posts back whet $50 was within easy field goal range.
The question: Is the price being moved to suppress, in order to cut losses on 'short' positions? Or is this a short term play to allow for a lower entry position by a big player? If so, it would be some very deep pockets with enough clought to get exchanges to do the heavy lifting for them.
As for the COMEX, there does appear to be a serious problem if 'longs' take delivery to a facility not owned by one of the 'guardians' ala UT's recent Au position.
|
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.
Printer-friendly format
Email this thread to a friend
Bookmark this thread