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CME Cuts Gold, Silver, Platinum And Copper Margins

 
Therion156
User ID: 10163746
United States
02/09/2012 07:05 PM
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CME Cuts Gold, Silver, Platinum And Copper Margins
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.

[link to www.zerohedge.com]
Anonymous Coward
User ID: 1152154
United States
02/09/2012 07:13 PM
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Re: CME Cuts Gold, Silver, Platinum And Copper Margins
wtf hmm
Anonymous Coward (OP)
User ID: 10163746
United States
02/09/2012 09:00 PM
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Re: CME Cuts Gold, Silver, Platinum And Copper Margins
5a
WhiteEagleFeather
User ID: 8973636
Canada
02/10/2012 01:42 AM
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Re: CME Cuts Gold, Silver, Platinum And Copper Margins
bullishy
User ID: 2245808
United States
02/10/2012 02:49 AM
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Re: CME Cuts Gold, Silver, Platinum And Copper Margins
wooohoooo...the paper is stalling at the gate!