“By the close of trading on Wednesday, May 4th, the silver market had experienced significant selling pressure that drove prices down by 17.3% from Thursday, April 28th. This sell off corresponded exactly to a series of increased margin requirements by the COMEX for trading silver futures contracts.
Silver traders who may have been apprehensive about additional margin increases did not have long to wait. After the close on Wednesday, May 4th, the COMEX announced two huge additional hikes in silver margin, effective at the close of business on Thursday and another hike effective at the close of trading on Monday, May 9th. As of Monday, initial contract margin requirements would be increased to $21,600 and to $16,000 for hedgers. A year ago, when silver was trading in the $18 range, the margin requirement for a speculative contract was only $4,250.
The rapid series of five margin increases by the COMEX resulted in raising initial margin requirements….”
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SLV down X
ZSL up X
AGQ down 3X
Something is very wrong with paper silver.
LEVERAGE….
borrow $1 million for the U.S. or Japan
buy treasuries which can be leveraged 10:1
take this $10 million and leverage 10:1 in commodities or forex
Yes!
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