Home› Precious Metals

Looks like a run on Platinum and Palladium at APMEX!

SpoolySpooly Posts: 2,108 ✭✭✭
in Precious Metals
Out of everything!
Si vis pacem, para bellum

In God We Trust.... all others pay in Gold and Silver!

Comments

  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Repricing maybe? CME just announced a margin requirement hike for copper and platinum.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>Repricing maybe? CME just announced a margin requirement hike for copper and platinum. >>



    Most likely waiting for a price turnaround. APMEX does not reprice. Their parameters are set up based on spot + a margin.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    copper again?

    they just did it about 10 days ago
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cohodkcohodk Posts: 19,102 ✭✭✭✭✭


    << <i>copper again?

    they just did it about 10 days ago >>




    Margin requirements are still STUPID LOW. Control a silver position with only 16% down? Gold with only 7% down? Dont blame rising margins for taking prices lower, rather blame silly low margins for creating high prices.

    Higher CME Group collateral requirements for trading in gold, copper, and silver futures
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

Sign In or Register to comment.