Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
In the same category

The Silver Manipulation Continues! Damn Thieves!

IMG Auteur
Published : November 17th, 2012
490 words - Reading time : 1 - 1 minutes
( 4 votes, 2/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

 

 

 

 

Those damn manipulators at the CME group!!! In what appears to be a blatant attempt to manipulate the price of silver higher, the CME Group has lowered margin requirements for silver. How dare they try to manipulate the price of silver up at a time when the market looked like it was going to go down! Thieves I tell you! Thieves!

At a time when silver looked like it was going to roll over and die, the CME group decided to step in to try to stop the carnage by lowering margin requirements. This is surely to anger the perma-bear camp who has been lobbying for years that the CME Group is aiding and abetting the big banks by trying to make sure the price of silver doesn’t fall! This news clearly supports the logic that by making silver futures more easily tradable, the price should go up thereby validating the perma-bear argument that the CME group is controlling the price of silver with the banks by creating a floor underneath the price. Those crooks! This news is surely to anger those that have taken the stance that the big banks are in cahoots with the CME group to ensure that silver cannot be traded freely because the CME group is making it too easy to trade. This reduction of margin might be what it takes for silver to climb out if its autumn doldrums which will anger the perma-bear camp even more and offer some validity to their meme.

All sarcasm aside, look around the internet to see if any of the perma-bull sites who in reality have argued that margin hikes were implemented at key moments in time to stop the rise in the price of the metal are now arguing against this latest move by the CME Group. I’ll bet you won’t find any perma-bull complaining about these margin limit decreases or trying to scream manipulation… because it doesn’t fit their meme. You see, the reality is, that margin requirements weren’t increased because of any conspiracy to supress the price of silver. Margin requirements were increased because there was rampant speculation in silver futures trading. One look at the chart between September of 2010 to April of 2011 will tell you all you need to know about why the CME Group needed to step in.

You won’t find anyone complaining about the margin limit reductions Not even me. What I wanted to emphasize by using a sarcastic play on the news is what we would have been hearing (inverted of course) had the CME group raised margin. Of course the sharp readers caught on right away. I’m interested in reading comments about how this news fits into the entire silver price suppression meme. I’m sure it won’t be long until someone spins it to fit that seemingly never ending conspiracy. King World News, Keiser, ZH, GATA, Turk, Sprott et al should have a field day with this….NOT!

 

 

<< Previous article
Rate : Average :2 (4 votes)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Panicked Hedge Funds Now Praying...
30 Junovertheedge
"... and the silly game theory ..." Obviously you have no knowledge of game theory and its applications. Otherwise you wouldn't have used ...
The Gold Standard: Generator & P...
30 Junuser4779
Is it really so bad for Americans that they do not spend their lives labouring on a production line to make mass-produced goods, and have left this...
The Gold Standard: Generator & P...
30 Junsam_site
You state, “To continue selling to the West, China will have to open wide its doors to imports” Here’s the crux of your argument of why Chin...
The euro crisis
30 Junovertheedge1
"There is no immediate benefit from debating why." Debate? That would be like debating whether or not gravity exists. You stated the obvio...
The Ultimate Confirmation
29 Junovertheedge
It would appear that we share the same conclusion. A few sealed cans of kerosene might be handy as well. Thumbs up sir.
The Ultimate Confirmation
29 JunS W.1
My main sentiment here is why swap dollars for gold or silver only to sell at some later date for more dollars when that same paper is continually ...
The Ultimate Confirmation
28 Junovertheedge1
Well, gotta admit that there is a problem if a person tries to play silver as both an investment and as an insurance policy. I would suggest th...
The Ultimate Confirmation
27 JunS W.
Fair call, overtheedge. I've given Butler short shrift several times. Fancy spending 30 yrs analysing the silver market likely believing Ag...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Viking Gold Expl.(Ag-Au-Cu)VGC.V
signs option to acquire Valor Energy Ltd. with plan to form a separate public company
CA$ 0.00+0.00%Trend Power :
Corporate news
Goldcorp(Cu-Le-Zn)G.TO
announces closing of secondary offering of shares of Tahoe Resources
CA$ 20.26-0.10%Trend Power :
Corporate news
Tahoe ResourcesTHO.TO
Announces Closing Of Secondary Offering By Goldcorp Inc.
CA$ 15.14-3.44%Trend Power :
Corporate news
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-2.00%Trend Power :
Financings
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-2.00%Trend Power :
Financings
Claude Resources(Au-Cu-Ngas)CRJ.TO
Increases Land Position at the Seabee Gold Operation and Consolidates Two Joint Venture Agree
CA$ 0.67-2.90%Trend Power :
Exploration and drilling
Eldorado Gold(Au-Fe)ELD.TO
Receives Project Permit Approval for the Eastern Dragon Project
CA$ 5.18+3.39%Trend Power :
Exploration and drilling
Gran Colombia.(Au)GCM.TO
Voting Results of the Annual Meeting of the Shareholders of Gran Colombia
CA$ 0.32+0.00%Trend Power :
Corporate news
Guyana(Ag-Cu-Ni)GPM.V
GPM METALS INC. announces Results of 2015 Annual Meeting
CA$ 0.12+0.00%Trend Power :
Corporate news
Talon Metals(Au)TLO.TO
announces results of AGM
CA$ 0.15+0.00%Trend Power :
Corporate news
Comments closed