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Thursday, February 9, 2012

CME Cuts Gold, Silver, Platinum And Copper Margins

Tyler Durden's picture
Submitted by Tyler Durden on 02/09/2012 17:03 -0500



It has been so long since the CME cut gold and silver margins that frankly we are a little bit stunned... In an extended announcement, which saw outright margins for virtually every commodity get cut, the CME just lowered Initial and Maintenance margins of gold (by 12%) and silver (13%), to $7500 maintenance for GC and $16000 maintenance for SI. Did the paper bull trap season just open? And how long before these are re-hiked by 15%, 20% or more? For now, however, this is certainly near-term bullish.

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1 comment:

  1. ahnnMay 25, 2012 at 4:30 PM

    There is no certainty in these business. Everything is not sure but I'm positive that it will be good.

    Fresno Pawn

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