TSXV:GPG - Post Discussion
Post by
Teakbois on Oct 20, 2020 5:14pm
Gold/silver margins raised again to force selling
We received our notices that precious metals margins have been raised again. Gold’s margins are now at $12,650 and Silver’s is at $18,700. The maintenance for all CME positions is always 75% of the margins, no matter the market. The Spread Margins for both Silver and Gold are now at $660 for each calendar spread position. That’s 19 spreads for Gold and 28 spreads for Silver if one played the spread game instead of a singular position. Compared to a single contract, that’s a lot of control, let’s just say it gives the spreader a far better chance to control the prices the way they want it. The reason for such a cheap margin (so says the governing bodies) is because being in a calendar spread trade (example – Long December – Short March) is less risky, but at the same time (imo), this “is” where the manipulations happen. What’s to stop a gang of central banks and friends, from lifting one side of the spread, all at the same time (under their Algo’s signal), to cause a price swing, then to re-enter that exited side of the spread, after the market moves in accordance to the lifted side? Our financial governing bodies? Please …. Our official regulators (and that includes every nation that has one) have gotten used to the commissions the Algo’s trades make for them, so reducing their incomes is another one of those “never gonna happen” without a fight.
One way for sure and for certain to fix the manipulations, is to drain the Comex of its physicals. The other is to see the spread margins raised “bigly” to remove this control we have been reporting on for years. We have reasons to see the spread margins raised, since JPMorgan and friends, have been caught doing exactly what has been said here for well over a decade at JSMineset.
The physicals are leaving, more smelters have been added, and still the demands are increasing, not going away. We have every reason to believe everything is about to change. Especially since we now have another concern, Infinite Digital Currencies vs. Real Physical Silver and Gold.
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