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Did CME just DECREASE performance bond maintentance requirements for PM futures?

derrybderryb Posts: 36,792 ✭✭✭✭✭
in Precious Metals
Beginining on Page 12

"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

Comments

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭
    Yes - I didn't open your link but the decrease is being discussed at ZeroHedge.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    I went all in yesterday with silver 3X long USLV and gold 3X long UGL (IRAs) . Let's see how that works out tomorrow.

    "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

  • cohodkcohodk Posts: 19,101 ✭✭✭✭✭
    Must be a conspiracy.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,792 ✭✭✭✭✭


    << <i>Must be a conspiracy. >>


    Gotta be.

    I did read an article where one of the Fed Presidents holds over $1 Million in gold.

    "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

  • SpoolySpooly Posts: 2,108 ✭✭✭
    Bonds...... need a bailout?
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    Might be a ploy to divert money from the upcoming Oil spike.

    "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

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    CME isn't getting the commisions they were before silver hit $49. This is about making money, esp. after having just gotten downgraded in the MFG fallout. Time to pull out the
    stops and tell the banksters you need to start making money again. Silver leverage was down to a paltry 6-1, you can get 3-1 on USLV w/o all the hassles of losing 30% of your
    money in the next brokerage fiasco. Seems CME doesn't want to be the next firm to go into bankruptcy. But if the cartel is planning a smackeroo, this will help fill the boat with more longs first.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Ann Barnhardt's thoughts on the matter....
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>Ann Barnhardt's thoughts on the matter.... >>




    The link comes up blank.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    Barnhardt's fixed linky

    "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

  • ProofCollectionProofCollection Posts: 6,111 ✭✭✭✭✭
    Sigh... this topic again?

    PM volatility has decreased by more than 50% from it's peak (referring to CBOE Gold Vol Index), and prices have stabilized as well. The CME will ALWAYS adjust the premiums as necessary. The timing may sometimes be suspect, but their decisions are always rational from what I have seen.
  • RedTigerRedTiger Posts: 5,608 ✭


    << <i>Must be a conspiracy. >>



    I blame it on basketball player Lebron James image

    >>
    "I'm an easy target; if someone wants to get a point across -- just throw Lebron's name in there," James said. "You could be watching cartoons with your kids and you don't like it, you say, 'Blame it on LeBron.' If you go to the grocery store and they don't have the milk that you like, you just say, 'It's LeBron's fault.' "
    >>

    I wonder how much in precious metals Lebron buys with his $40+ million per year in earnings?


    Investment blog: gold, stocks and more
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Barnhardt's fixed linky >>



    "When I say that the markets are a total smoke-and-mirrors farce, do you understand what I am saying now? All of the PEOPLE are gone. The entire edifice is just these computers trading in-and-out with each other all in a matter of microseconds, over and over again. None of it is real. And the futures markets are exactly the same. The people have been either leaving or have been forced out, or raped. Get out, get out, get out, get out, get out."

    okay, her link is on my favorites bar, now.image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    AB can't be completely right because just on this thread alone there are at least 5 people still in the market. image
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>I went all in yesterday with silver 3X long USLV and gold 3X long UGL (IRAs) . Let's see how that works out tomorrow. >>



    Very bold move. You seem to know what you are doing. Good luck!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    It's guesswork, hopefully somewhat educated.

    "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

  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>It's guesswork, hopefully somewhat educated. >>



    Definitely the correct answer and demonstrates good insight!
    We are all just guessing, some, better educated first, better than others.
    Lets go PMs!
    Best
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>AB can't be completely right because just on this thread alone there are at least 5 people still in the market. image >>



    well of course.....image

    i did post way, way past my beddy bye time last night, my badimage

    the smackaroo thingy is something to consider, though.

  • joefrojoefro Posts: 1,872 ✭✭
    I also bought into more SLV and UCO today, I'm planning on selling the UCO around June 30th when the Iranian oil sanctions are supposed to come to a head. I figure if anything I cant really see oil going down in that time. Interesting that with the CME decrease both gold and silver closed down today. Personally I'm ok with that for now since I plan on buying some PMs tomorrow at the Houston Bellaire coin show image
    Lincoln Cent & Libertad Collector
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭


    << <i>Must be a conspiracy. >>



    Turd of (TF metals report) thinks the EE is getting ready to perform another smackdown to take out the 18% rise in longs over the past 2 weeks.
    He's thinking they need to stop the new money flow comming into Pm's

    He's monitoring the lease rates as his indicator for this potential smackdown event.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • cohodkcohodk Posts: 19,101 ✭✭✭✭✭


    << <i>

    << <i>Must be a conspiracy. >>



    Turd of (TF metals report) thinks the EE is getting ready to perform another smackdown to take out the 18% rise in longs over the past 2 weeks.
    He's thinking they need to stop the new money flow comming into Pm's

    He's monitoring the lease rates as his indicator for this potential smackdown event. >>




    Thats the arguement they used when they RAISED margins. Now they use it for DECREASES. Im confused.image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • streeterstreeter Posts: 4,312 ✭✭✭✭✭
    I find that dear girl BAT CRAZY. No way she gets near what few pennies I have left in the sofa cushions.
    Have a nice day
  • leothelyonleothelyon Posts: 8,459 ✭✭✭✭✭
    So they cut the margins.........what happens to my silver?

    Update; After doing some research, CME has raised the margins 4-5 times over the last year, twice in August and every time values dropped on PMs. So since they're cutting the margins this time, shouldn't prices go up, correct?

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    cutting initial margin requirements requires less cash from futures investor which theoretically increases demand and price in uncorrupted markets.

    "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

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    They are trolling for more customers, presumably because Ann Barnhardt's observations just may be correct. She may be bat crazy, but she's legit.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,792 ✭✭✭✭✭


    << <i>They are trolling for more customers, presumably because Ann Barnhardt's observations just may be correct. She may be bat crazy, but she's legit. >>


    She's one of the few truely sane ones, she's just fed up with the blatent corruption and failure of the regulators to act.

    "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

  • cohodkcohodk Posts: 19,101 ✭✭✭✭✭


    << <i>cutting initial margin requirements requires less cash from futures investor which theoretically increases demand and price in uncorrupted markets. >>




    So it works unless it doesnt? And if it doesnt its corrupt or manipulated?


    Now Im really LMAO!!!!
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    It seems to me that changing the margin requirements keeps the market from doing what it ought to be doing - that is, weeding out the losers and allocating capital where it ought to be allocated. You know, kinda like an "efficient market".
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,101 ✭✭✭✭✭


    << <i>It seems to me that changing the margin requirements keeps the market from doing what it ought to be doing - that is, weeding out the losers and allocating capital where it ought to be allocated. You know, kinda like an "efficient market". >>




    So what "ought it to be doing" right now?


    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,792 ✭✭✭✭✭


    << <i>

    << <i>cutting initial margin requirements requires less cash from futures investor which theoretically increases demand and price in uncorrupted markets. >>




    So it works unless it doesnt? And if it doesnt its corrupt or manipulated?


    Now Im really LMAO!!!! >>


    If an action doesn't produce normally expected results then there are other variables influencing the outcome. This phenomenem is not limited to science.

    "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

  • cohodkcohodk Posts: 19,101 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>cutting initial margin requirements requires less cash from futures investor which theoretically increases demand and price in uncorrupted markets. >>




    So it works unless it doesnt? And if it doesnt its corrupt or manipulated?


    Now Im really LMAO!!!! >>


    If an action doesn't produce normally expected results then there are other variables influencing the outcome. This phenomenem is not limited to science. >>




    Perhaps the action of expecting "normal results" is flawed variable?

    Or maybe is just a conspiracy.image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,792 ✭✭✭✭✭


    << <i>Perhaps the action of expecting "normal results" is flawed variable?

    Or maybe is just a conspiracy.image >>


    Those that deny markets are being heavily manipulated need to avoid them. image

    Remain in dollars. Oops, corrupted market as well.

    "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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Everything is rigged? Yea verily, it's a crazy world out there.

    obviously, the only SANE thing to do is to lock all the doors and windows (check 3 times each) then cover yourself in bubble wrap and sit still in the middle of the room, so "they" can't get you.

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Of course not, Baley. On the other hand, this ain't your father's Age of Aquarious either. Got PMs?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,792 ✭✭✭✭✭


    << <i>Everything is rigged? Yea verily, it's a crazy world out there.

    obviously, the only SANE thing to do is to lock all the doors and windows (check 3 times each) then cover yourself in bubble wrap and sit still in the middle of the room, so "they" can't get you. >>


    pretend it isn't happening
    or, be informed of what is going on and profit from it. image

    "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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    this ain't your father's Age of Aquarious either

    No, it isn't. It's much, Much MUCH better now in every measurable way, just as his generation had it far better than my grampa's did. This has been going on for hundreds of years. Would any of you really trade places with any of your ancestors if offered the chance?

    Got PMs?

    Yes

    be informed of what is going on and profit from it.

    of course image On that point we can all agree image

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    I would posit that there has been a degradation in our educational system, in our overall public safety, in our economic potential, and in the culture itself (including the music) since the last "Age of Aquarius".

    I'm not in favor of Potterville, and I miss Baleyville.image

    Of course, that's been what they've been saying since Rome fell.........
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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