GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Gold: Here is the "shake out" I predicted

Houdini · 09-23-2011, 06:02 PM

Do you realize that CME hiked gold margins by 21%, silver by 16% and copper by 18% today? Today is called liquidation to cover margins. ANYTIME CME raises margin rates PM's plummet only to correct itself.

And why so secretive on your put options and to your knowledge about the timing of why it went down? What's the big deal? The reason it went down was leaked knowledge of a margin hike. That coincides with Uncle Ben Bernanke buying long term bonds, which increased the value of the dollar. Gold is valued against the dollar, so anytime the dollar goes up, PM's go down. Just wait until the market needs to be propped and it will soon.

09-23-2011, 06:02 PM
Houdini Confirmed User Join Date: Dec 2001 Location: SoCal Posts: 1,651	Do you realize that CME hiked gold margins by 21%, silver by 16% and copper by 18% today? Today is called liquidation to cover margins. ANYTIME CME raises margin rates PM's plummet only to correct itself. And why so secretive on your put options and to your knowledge about the timing of why it went down? What's the big deal? The reason it went down was leaked knowledge of a margin hike. That coincides with Uncle Ben Bernanke buying long term bonds, which increased the value of the dollar. Gold is valued against the dollar, so anytime the dollar goes up, PM's go down. Just wait until the market needs to be propped and it will soon.