Tyler Durden's picture Case Closed: CME Hikes Gold, Silver, Copper Margins

[JohnQPublic]

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Case Closed: CME Hikes Gold, Silver, Copper Margins (http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins)

ubmitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 09/23/2011 16:47 -0400


And there you have it: CME just hiked (http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv11-345.pdf)gold margins by 21%, silver by 16% and copper by 18%. Mystery solved.

[ximmy]

Why don't they just hike metals up 9427%.

[Neuro]

If someone ever believed there is no conspiracy to drive down metal prices. Anyway they bite themselves in the ass, they are making the market 100% cash for physical only, buy constantly screwing the long margin speculators. Take advantage of the metals sale folks!

[MAGNES]

That is todays announcement.
Friday, September 23, 2011

The CRIMEX shorts already were operating successfully.

The gold chart looked like crap, both metals broke serious numbers.
Broke serious stops. That's why you have these massive drops.
When was this announced and when will it take effect, it will effect
going forward. The setups for the drops were already here and they
already happened, this is like before, where after the major manipulation
there were major announcements, these came after the major manipulations,
no doubt they effect price going forward, they took the steam of SI, didn't follow GC,
the low margins, especially on SI encouraged longs and greed so they can be washed
out by CRIMEX. That's always a part of the operation, suckering in longs.

http://gold-silver.us/forum/showthread.php?54371-WTF-DOW-down-300-and-PM-s-getting-hammered&p=462537&viewfull=1#post462537

One day ago.
" Gold is sitting right on 1750, short term this is the number to watch.

SI broke key support at 37.50, we watch gold to tell us where it goes from here.

Gold looks like it can take a serious dump. "

Two days ago.
" I am looking for a small entry for October drop but it ain't working out. "
I missed it cause I was looking for a small short term Bernanke pop, lol .

Sorry for being an immodest ass, apparently nobody is discussing gold and silver on here.

[MAGNES]

If someone ever believed there is no conspiracy to drive down metal prices. Anyway they bite themselves in the ass, they are making the market 100% cash for physical only, buy constantly screwing the long margin speculators. Take advantage of the metals sale folks!

They know people are watching and trying to trade on their criminality,
hence no major serious drops going back 3 years, they changed their
MO totally last 3 years, just for the raptors the Butler himself talks about,
we are the minimee raptors, lol . They truly are a bunch of bastards, they
do the setup drops in months where it is difficult to get puts too. Nov just
came into play recently, this is on purpose. They did that before too,
where I open a thread here on blowoff tops but I cannot make a safe
trade for various reasons, this is on purpose, they are using overseas
markets to help them in this, no doubt they are making money even on
vehicles that are not equity, etf, comex, etc , we don't even know who
all the suckers are, some are willing, transfer of wealth, one of those events
was posted about on here. Who were the buyers and sellers on the massive
volumes we saw ? No way it is normal people or the regular funds involved.
It is some sort of paper shuffle where the real traders get reamed.

[Ares]

Funny the price dropped, but I still have the same amount of gold and silver. Weird, must be just paper that took a hit. I'll take advantage of this price drop and acquire more. :-D

I'm sure that this has nothing to do with the morgue having a massive short position on silver. :sarcasm: