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Old 11-10-2011, 02:10 PM   #1
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Doodoo CME margin hike rumor

Originally Posted by Silver_investor :
The following is from today's Miles Franklin newsletter and was written by David Schectman.

"Yesterday, our wholesaler told us that the CME group will be raising margins back up on Friday and again on Tuesday and again on Thursday. This will probably result in a depression in prices."
...
http://www.tfmetalsreport.com/commen...#comment-84759

Uncorroborated hearsay at the moment.

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Old 11-10-2011, 03:11 PM   #2
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Today's drop was one of those strange ones again where it almost suddenly dropped like there were no bids. Is this rumor what caused it?
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Old 11-10-2011, 03:18 PM   #3
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Initial margin being turned back to what it was coming into the week would be a non-event.
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Old 11-10-2011, 03:30 PM   #4
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^ True, but it wouldn't take 3 days to do that. If the rumor is true, it's going to be more than that.
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Old 11-12-2011, 05:23 PM   #5
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misread the title as 'margin hike humor'

but then realised it was not a misread but a translate (0;
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Old 11-14-2011, 08:04 AM   #6
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Originally Posted by PMBug View Post:
^ True, but it wouldn't take 3 days to do that. If the rumor is true, it's going to be more than that.
I don't think the CME wants prices lower at this time. There is enough supply around 1800 that I doubt they would press the issue here. More likely, 1860-1880 area.
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