Quote:
Originally Posted by Houdini
Right on cue! CME raises margin 22% starting after hours today. Gold falls $40 dollars. They're going to do the exact same thing they did to silver in May. Next, Bernahke, will come out with some new QE3 type deal and send PM's down. They're doing everything they can to get countries from dumping the dollar and going into gold.
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That was a good call. I don't think it will have the same effect on gold as it did on silver though. We'll see...