CME LOWERS! margin req for PGM metals

MrOrganic

http://www.kitco.com/reports/KitcoNews20110526DeCKN_cme.html


hmmm wonder why

pf70collector

So we can start the whole manipulation process all over again just like they did for Silver. Platinum and Palladium are not rising fast enough for them. Possibly bad for collectors for newly released Platinum Proofs. I don't know. Someone else?

pmcollectour

Link

57loaded

it has ceratinly helped platinum today.

Spooly

Using it to suck you in........ then drop the hammer on you later.

pf70collector

I did get burned on the 08 W$50 Proof Platinum when Platinum fell to from $2300 to $800 an ounce.

jmski52

I did get burned on the 08 W$50 Proof Platinum when Platinum fell to from $2300 to $800 an ounce.

I got burned the same way on a couple of 4-coin Platinum Proof Sets. I held onto them in hopes that after they got pulled, the Mint wouldn't re-offer their remaining inventory at the lower prices later. Wrong guess. It would've been pretty cool though - to have some coins in the 800 mintage range. You can't win them all, dang it.

BigE

Since they recently, repeatedly raised them on silver, t almost seems like they are forcing investment from one metal to another. Interesting that JPM started to load up on plat just a short time before this happened---------BigE