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Cme Raised Gold Margin Requirement

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Author Previous TopicReplies: 3 / Views: 1,366Next Topic  
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junior e's Avatar
United States
931 Posts
 Posted 08/29/2011  10:02 am Show Profile   Bookmark this topic Add junior e to your friends list Get a Link to this Message Number of Subscribers
The CME raised the margin requirement last Wednesday and today there is talk of raising it again. They raised it last time as gold lost over $100'
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 08/29/2011  10:18 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
Well this is just garbage. I am buying $250 face in sivler tonight for an already set price. Now I won't make a much turning it because someone whispered something into someone's ear and now the rumor mill is going to have its affect on the PM today.
Valued Member
United States
302 Posts
 Posted 08/29/2011  2:05 pm  Show Profile   Bookmark this reply Add mmerlinn to your friends list Get a Link to this Reply

Quote:
Well this is just garbage. I am buying $250 face in sivler tonight for an already set price. Now I won't make a much turning it because someone whispered something into someone's ear and now the rumor mill is going to have its affect on the PM today.


It's life. Nothing is guaranteed. The risk of price collapse should have been factored into your buy price. Now you can either buy more at a lower price to average down, or you can sit, wait, and hope for price recovery.

In this market both options will work. It is just a question which works best for you and how fast.
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nod2003's Avatar
United States
3294 Posts
 Posted 08/29/2011  2:09 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
What is the old and new margin requirements?
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