CME Hikes Silver Initial And Maintenance Margins By 9%

Tyler Durden's picture

The world's most telegraphed call comes and goes, however since it has been priced in about 7 times already, has absolutely no impact on the price of silver. And yes, we were off by about 8 hours. Also, for those who observed this is the third margin hike in as  many months (previously here and here) with neither doing anything at all to halt the price surge, you are absolutely correct.

From the CME:


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
AldoHux_IV's picture

Slowly but surely leaving the markets into the hands of the few, the proud, the greedy banksters.

66Sexy's picture

Blood in the water. Listen to the CME squeal. A little tenderizin', and down it goes...

If I had doubts silver was going over 50, they are gone now.


Cash_is_Trash's picture

If Turd is correct that this week silver hits $45, it will be shopping season!

Please let there be a juicy dip tomorrow, give me $45 baby!

Robot Traders Mom's picture

Honestly, it is really starting to freak me out that there are less and less people like you hoping for dips. That really tells me that there are a lot of speculators in the paper game and the more predictable buying opportunities are fewer and farer in between.

As a buyer of physical, I honestly would love to see a major correction. I know what the end game is and it doesn't involve "being in the money" at contract expiration.

SheepDog-One's picture

Your son is posting on his IPhone from inside a locker that he loves SLV, and soon as someone lets him out hes gonna buy some.

Robot Traders Mom's picture

thank you for your concern but it is a fictional portfolio for business class. he doesn't make enough money mowing lawns in the summer to actually invest anything.

High Plains Drifter's picture

how much does he charge for yard work?  

66Sexy's picture

now priced in. move along, nothing to see here...

Bubbles...bubbles everywhere's picture

You should really make him wear a helmet when he rides his motorcycle at Lake Perris. 

FLIP THAT BOND's picture

There's no good reason not to be in the paper game for now.  It's easy pickins and clearly months before there is any danger of the paper silver game being up.  The more resources the people that understand this thing can pull in now, the more we'll be able to make sure everyone understands why the USD is disappearing.

High Plains Drifter's picture

i think you will be lucky. at least right now. the pressure is on. the game is on.

Re-Discovery's picture

Had a feeling this morning's price action was a test run.  Lightened up positions mid-afternoon for tomorrow's silver sale.  Thank you CME!

Arius's picture

go all in and sell it short...that is if you believe it...

Re-Discovery's picture

Nope.  Don't know for sure what will happen.  Just feel that the Bad Guys have lined up this margin move with another bear attack tommorrow for greatest effect.  Would never short.  Just want to get a better basis.

Market timing has worked about 60% of the time for me during the run from $20 an ounce on a dollar cost average basis.  Slightly better than buy and hold during the period.  Gives me something to fiddle with, and confident in the knowledge that the long term PM trend has my back.


A Nanny Moose's picture

We're gonna need a bigger boat.

InconvenientCounterParty's picture

let's accept that for the sake of argument.

1. They still need counterparties besides each other.

2. They still need someone, somewhere working on something productive. The day the workers threaten a general strike it's over.

It's remarkable how many vampire analogies one could use here.

slaughterer's picture

Gold margin hikes tomorrow.  Platinum on Wednesday.  Copper on Thursday....  Keep em coming, my friends at CME.  

akak's picture

Troll much?


(That was, needless to say, a rhetorical question.)

bankonzhongguo's picture


They can keep hiking the margin or padlocking the door, but eventually the only qualified buyer standing will be China, with $3 trillion cash in hand - standing for delivery.

Scottj88's picture

What a surprise.
Ron Paul 2012

High Plains Drifter's picture

is it ron or rand, or does it matter?

ceilidh_trail's picture

Ron (texas rep) is Rand's (ky senator) dad. Both good guys.

Xibalba's picture

I'm sure the cabal will orchestrate a Polish plane accident.....

slaughterer's picture

Jamie Dimon / Blythe Masters 2012.  Will win by a landslide.

downwiththebanks's picture




Manthong's picture

Is that a problem is you fabricate your own balances?

Homey Da Clown's picture

When do they begin confiscating all our Gold?

tmosley's picture

They will try to do so by raising the price--buying gold off of the open market with printed money.

This will be successful for a few minutes, then gold will never trade in dollars again.

thames222's picture

they'll have to pry it from my kung fu grip to get my gold stash from me, there's no way.  we all know their printed money is worthless.

AG BCN's picture

1) They will have to come to Spain.

2) They will have to find it.

3) They will have t take it from me.

That's when.

InconvenientCounterParty's picture

very soon.

I will gladly hold on to it for you so the boogeymen won't get it.


Big Corked Boots's picture

I'm thinking of buying a few handfuls of those "Copy" coins selling on ebay. Then, when the confiscation order is issued, I can tell the authorities OMG! They guy I bought them from down the alley said they were real!

Magnix's picture

You better hide your gold/silver....hard!

InconvenientCounterParty's picture

foodsaver machine and a shovel works well. I heard it from a friend.

Long-John-Silver's picture

Plastic drain pipe, end caps, pipe cement, and a descant bag.

Teamtc321's picture

In the country, find a in use outhouse, lower it in. Let the mfers dig around in the corn to get it out. Pieces of shit for real lol.

mayhem_korner's picture

Actually, I prefer to throw some coins on the lawn.  Works like deer feed.  Keeps my .308 eye sharp.  :o

Dr. No's picture

Why would they confiscate our gold?  The US is not on the gold standard and therefore can inflate without the inconvience of having to redeem paper for gold.  Is there rumor of going back onto it?

disabledvet's picture

just don't use it as money like the guy in Florida.  Get PERMISSION first.  In short "today i will pay taxes with pennies" because "sometimes i cry, too."

NOTW777's picture

wheres the dip?

LoneStarHog's picture

Which dip?  The CFTC has five of them.

mick_richfield's picture

But those are already bought.

Dejean Splicer's picture

You have to admit she got solidly spanked while trying to penetrate $50. Not even a challenge. Just an attempt to touch it and retreat. Real demand would have broke through with conviction. Or at least had multiple attempts.

Time to sell?

WGAS about margin? I thought all the ZHeeple were physical playas?

Dejean Splicer's picture

Just stating the obvious. But maybe that is what scares you.

homersimpson's picture

Nah. It just shows you're clueless. Many like you have come and gone.. and others like Math Man keep showing ZHers that ignorance exponentially grows with time..

tmosley's picture

Who the fuck do you think you're talking to?

All you little shits think you're special because I single you out for beratement.  You're not.  You are just fucking stupid.  

Christ, it's like you're seven, and have never heard of "even number resistance".  Much less OpEx tomorrow.

Fucking retard.