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CME Raises Margins On Crude Oil, Heating Oil And Gasoline By More Than 10% Each

Tyler Durden's picture





 

The CME Group Inc. increased margins its New York Mercantile Exchange crude oil and petroleum products futures, effective after the close of trading today. The margin for Nymex crude oil will rise to $6,750 per contract from $6,075, while heating oil margins increase to $6,413 from $5,063 and gasoline to $6,750 from $5,400, the exchange said in a notice late yesterday. The attempts to prevent an out of control melt up in the one product everyone is terrified of, crude, are back on the table. Just like last week, when the ICE started and the CME followed suit, look for today's CME action to be promptly immitated by the ICE on Brent.

Full breakdown

CRUDE OIL -- OutrightRates

    Initial Maintenance
ARGUS LLS TRADE MONTH SWAP FUTURES (NY-A4)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
ARGUS SOUR CRUDE INDEX ("ASCI") CALENDAR MONTH SWAP FUTURES (NY-37)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
ARGUS SOUR CRUDE INDEX ("ASCI") FINANCIAL FUTURES (NY-A0)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
ARGUS SOUR CRUDE INDEX ("ASCI") TRADE MONTH SWAP FUTURES (NY-29)
Spec $4,950 $4,500
Hedge/Member $4,500 $4,500
ARGUS WTI FORMULA BASIS CALENDAR MONTH SWAP FUTURES (NY-39)-ARGUS WTI FORMULA BASIS CAL SWP (39)
Spec $33,000 $30,000
Hedge/Member $30,000 $30,000
ARGUS WTI TRADE MONTH SWAP FUTURES (NY-V7)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 3
Spec $5,738 $4,250
Hedge/Member $4,250 $4,250
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 4
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
BRENT CFD (PLATTS) VS. BRENT SECOND MONTH (PLATTS) SWAP FUTURES (NY-6W)
Spec $825 $750
Hedge/Member $750 $750
BRENT CRUDE OIL BALMO SWAP FUTURES (NY-J9)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 1
Hedge/Member $4,500 $4,500
Spec $6,075 $4,500
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 3
Spec $5,738 $4,250
Hedge/Member $4,250 $4,250
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 3
Spec $5,738 $4,250
Hedge/Member $4,250 $4,250
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 4
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 4
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 3
Spec $5,738 $4,250
Hedge/Member $4,250 $4,250
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 3
Spec $5,738 $4,250
Hedge/Member $4,250 $4,250
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 4
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 4
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
CRUDE OIL VOLATILITY FUTURE (NY-CVF) - Tier 1
Spec $3,300 $3,000
Hedge/Member $3,000 $3,000
CRUDE OIL VOLATILITY FUTURE (NY-CVF) - Tier 2
Spec $2,200 $2,000
Hedge/Member $2,000 $2,000
CRUDE OIL VOLATILITY FUTURE (NY-CVF) - Tier 3
Spec $1,650 $1,500
Hedge/Member $1,500 $1,500
DAILY WTI CALENDAR SWAP FUTURES (NY-DCL)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
DATED BRENT (PLATTS) CALENDAR SWAP FUTURES (NY-UB)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
DATED BRENT (PLATTS) DAILY SWAP FUTURES (NY-7G)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
DATED TO FRONTLINE BRENT BALMO SWAP FUTURES (NY-FE) - Tier 1
Spec $1,100 $1,000
Hedge/Member $1,000 $1,000
DATED TO FRONTLINE BRENT BALMO SWAP FUTURES (NY-FE) - Tier 2
Spec $1,100 $1,000
Hedge/Member $1,000 $1,000
DME OMAN CRUDE OIL BALMO SWAP FUTURES (NY-DOB)
Spec $7,150 $6,500
Hedge/Member $6,500 $6,500
DME OMAN CRUDE OIL SWAP FUTURES (NY-DOO)
Spec $7,150 $6,500
Hedge/Member $6,500 $6,500
DUBAI CRUDE OIL (PLATTS) BALMO SWAP FUTURES (NY-BI)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
DUBAI CRUDE OIL (PLATTS) BALMO SWAP FUTURES (NY-BI) - Tier 2
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
DUBAI CRUDE OIL (PLATTS) CALENDAR SWAP FUTURES (NY-DC)
Spec $4,950 $4,500
Hedge/Member $4,500 $4,500
GULF COAST SOUR CRUDE OIL FUTURES (NY-MB)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
GULF COAST SOUR CRUDE OIL FUTURES (NY-MB)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
LLS (ARGUS) CALENDAR SWAP FUTURES (NY-XA)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
LLS (ARGUS) TRADE MONTH SWAP FUTURES (NY-LI)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
LLS CRUDE OIL (NY-LS)
Spec $2,750 $2,500
Hedge/Member $2,500 $2,500
MARS (ARGUS) CALENDAR SWAP FUTURES (NY-MX)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
MARS (ARGUS) TRADE MONTH SWAP FUTURES (NY-MO)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
MARS (PLATTS) CALENDAR SWAP (NY-MV)
Spec $3,300 $3,000
Hedge/Member $3,000 $3,000
MARS (PLATTS) TRADE MONTH SWAP (NY-MZ)
Spec $3,300 $3,000
Hedge/Member $3,000 $3,000
OMAN CRUDE OIL (NY-OQ)
Spec $8,800 $8,000
Hedge/Member $8,000 $8,000
OMAN CRUDE OIL (NY-OQ)
Spec $8,800 $8,000
Hedge/Member $8,000 $8,000
REBCO FINANCIAL FUTURES (NY-R2)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
REBCO FUTURES (NY-RE)
Spec $6,600 $6,000
Hedge/Member $6,000 $6,000
S&P GSCI CRUDE PRODUCT (GCO)
Spec $5,500 $5,000
Hedge/Member $5,000 $5,000
WTI BALMO SWAP FUTURES (NY-42) - Tier 1
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
WTI BALMO SWAP FUTURES (NY-42) - Tier 2
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 1
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 2
Spec $6,075 $4,500
Hedge/Member $4,500 $4,500
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 3
Spec $5,400 $4,000
Hedge/Member $4,000 $4,000
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 4
Spec $5,063 $3,750
Hedge/Member $3,750 $3,750
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 5
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 6
Spec $4,388 $3,250
Hedge/Member $3,250 $3,250
WTI MIDLAND CRUDE OIL (NY-CM)
Spec $2,750 $2,500
Hedge/Member $2,500 $2,500
WTS (ARGUS) CALENDAR SWAP FUTURES (NY-XB)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
WTS (ARGUS) TRADE MONTH SWAP FUTURES (NY-AY)
Spec $6,050 $5,500
Hedge/Member $5,500 $5,500
WTS CRUDE OIL (NY-TS)
Spec $2,750 $2,500
Hedge/Member $2,500 $2,500
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
BRENT (ICE) CALENDAR SWAP FUTURES (NY-CY) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
BRENT CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-BZ) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
BRENT CRUDE OIL PENULTIMATE FINANCIAL FUTURES (NY-BB) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
CRUDE OIL FINANCIAL FUTURES (NY-WS) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
CRUDE OIL LAST DAY FINANCIAL FUTURES (NY-26) - Rate 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
DATED BRENT (PLATTS) CALENDAR SWAP FUTURES (NY-UB)
Spec $7,150 $6,500
Hedge/Member $6,500 $6,500
DUBAI CRUDE OIL (PLATTS) CALENDAR SWAP FUTURES (NY-DC)
Spec $5,500 $5,000
Hedge/Member $5,000 $5,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
LIGHT SWEET CRUDE OIL FUTURES (NY-CL) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 1
Spec $6,750 $5,000
Hedge/Member $5,000 $5,000
WTI CALENDAR SWAP FUTURES (NY-CS) - Tier 2
Spec $6,413 $4,750
Hedge/Member $4,750 $4,750
 


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Fri, 03/04/2011 - 12:18 | Link to Comment TheGreatPonzi
TheGreatPonzi's picture

These attempts of the establishment to hide the exploding prices of commodities are becoming more and more pathetic. 

But the good side of the story is that market manipulation always achieves inverse effects.

Fri, 03/04/2011 - 12:22 | Link to Comment Pool Shark
Pool Shark's picture

"Nothing to see here... move along..."

 

http://www.youtube.com/watch?v=zDAmPIq29ro

 

 

Fri, 03/04/2011 - 12:23 | Link to Comment Robert-Paulson
Robert-Paulson's picture

perfect video response

Fri, 03/04/2011 - 12:34 | Link to Comment jus_lite_reading
jus_lite_reading's picture

KABOOM!!! This is getting to the hot point now once the manipulation gets out of control!

http://harveyorgan.blogspot.com/2011/03/part-comex-tradingsilver-scandal...

SILVER TO $200/oz!

Fri, 03/04/2011 - 12:55 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Next thing you know, central bankers will start running over protestors - http://www.businessinsider.com/richard-neis-brazilian-central-bank-bikers-car-plow-2011-3

Fri, 03/04/2011 - 15:35 | Link to Comment velobabe
velobabe's picture

yes i saw your post over on max's blog. these cyclists weren't really protesting anything, i don't think. it was a gathering of happy people on bikes. i responded in horror at the sight of this attempted mass murder by this CB of brazilo. it reminded me of boulder's thursday night rides. no protests, just gathering together on a vehicle that doesn't use gasoline to make it run. oh well, commenter's on maxkeiser.com thought it looked funny to him or rather fun for him to see people mowed down crushed under and over an automobile. i can't even watch racers go down on the pavement, it really hurts let alone on purpose. but thanks for the awareness in your posting.

Fri, 03/04/2011 - 12:35 | Link to Comment bankrupt JPM bu...
bankrupt JPM buy silver's picture

I would encourage another silver hike today, that would surely blow us thorugh $36

 

www.silvergoldsilver.blogspot.com

Fri, 03/04/2011 - 12:37 | Link to Comment jus_lite_reading
jus_lite_reading's picture

My calls for $40 silver in ~3 weeks is coming to fruition much faster than expected but nevertheless, signals the final destruction of the end of this corrupt system...

Fri, 03/04/2011 - 13:17 | Link to Comment bankrupt JPM bu...
bankrupt JPM buy silver's picture

$104 oil=10% margin hike, makes sense to me...

 

I'm asumming, they will eventually ban all commodity trading sooner than later.  God Bless capitalism.

 

www.silvergoldsilver.blogspot.com

Fri, 03/04/2011 - 13:12 | Link to Comment Math Man
Math Man's picture

Buying April puts on USO as we speak.  To much speculative froth in the oil markets right now.

Oil is too important to MENA economies for them to have anything other than temporary supply disruptions.

An improving economy is the only way for these countries to fix their problems.  And the easiest way for them to improve their economies is to sell more oil.

Fri, 03/04/2011 - 13:15 | Link to Comment tmosley
tmosley's picture

So they are going to "wish" for the economy to improve, and it's going to happen?

Christ, you and Spalding both suffer from some serious Skittle poisoning.

Fri, 03/04/2011 - 13:20 | Link to Comment Math Man
Math Man's picture

No fuck nut.  They are going to sell oil.

We have spikes in oil because production is coming off line and people fear even more may be curtailed.

But the reality is these countries can't afford to stop selling oil.  Suspending production only hurts their economies.  They have no choice but to keep selling it.

Fri, 03/04/2011 - 13:25 | Link to Comment tmosley
tmosley's picture

Oh, I see.  They are going to "wish away" the revolutions, then.

You labor under the delusion that governments have total control over their populations.  This is a particularly nonsensical delusion.

Fri, 03/04/2011 - 14:25 | Link to Comment william the bastard
william the bastard's picture

You comment doesn't address his in the least. Just bullshit noise for the thousand post a day gold pimp.

Don't you have a quota to fill at ronpaulforum.com

Fri, 03/04/2011 - 14:27 | Link to Comment tmosley
tmosley's picture

You still haven't told us when QE will end, spineless dingleberry.

Fri, 03/04/2011 - 14:37 | Link to Comment william the bastard
william the bastard's picture

Read it here blowhard. You don't want to hear it because it destroys your pissant argument. So fuck you.

Others can see it here from today's WSJ in TWO seperate articles:

Two things stand out from the European Central Bank's decision effectively to pre-announce a rise in interest rates next month

http://online.wsj.com/article/

SB10001424052748703300904576178593481455866.html

The gloves are off. The European Central Bank is calling time on the hugely accommodative monetary policy that has prevailed since 2009. Barring a fresh leg of the financial crisis, rates could rise in April.

http://online.wsj.com/article/

SB10001424052748703300904576178470040938598.html

You'll have no come back but an insult. Bring it.

Fri, 03/04/2011 - 15:08 | Link to Comment asdasmos
asdasmos's picture

Will they be at positive real interest rates?

Fri, 03/04/2011 - 14:08 | Link to Comment akak
akak's picture

Hey Jon Nadler, so good to see you back!

Now tell us again how gold is in a bubble, but is NOT in a bull market.

Fri, 03/04/2011 - 15:11 | Link to Comment JonNadler
JonNadler's picture

you found me out Akak, yes they're all my handles I meant to change them to new ones, but since am feeling suicidal right now, what's the point.

Gold will certainly go back to 195 by the end of March, they'll be giving it away

Fri, 03/04/2011 - 14:08 | Link to Comment earnyermoney
earnyermoney's picture

They'll sell oil but will they accept dollars in exchange for the oil? When that happens, you'll be walking or riding a bicycle instead of driving that red car.

Fri, 03/04/2011 - 12:18 | Link to Comment truont
truont's picture

...and it won't be the last...

Fri, 03/04/2011 - 12:17 | Link to Comment Turd Ferguson
Turd Ferguson's picture

Not surprising but will have zero impact.

Fri, 03/04/2011 - 12:37 | Link to Comment SWRichmond
SWRichmond's picture

Just eating lunch and watching Bloomberg; across their ticker comes this gem :"Gartman: Totally 'out' of gold."

Also, some other crap about the Fed definitely stopping QE in June.

Fri, 03/04/2011 - 12:45 | Link to Comment akak
akak's picture

Dennis Gartman: "Out of gold, full of shit since 1952"

Go eat some more Ho-hos, Dennis.

Fri, 03/04/2011 - 14:19 | Link to Comment william the bastard
william the bastard's picture

He's right and you're wrong.

Fri, 03/04/2011 - 14:31 | Link to Comment akak
akak's picture

Really, what is your damage already?

If you are going to try to defend Gartman's numerous and almost with fail spectacularly wrong calls on gold in just the last three years, you might as well try to claim that the sky is orange and that up is down.  All you do here is mindlessly attack others with NO evidence, NO facts and no logical argument or rebuttal.  You are nothing to this forum but a poo-flinging monkey.

Fri, 03/04/2011 - 15:38 | Link to Comment JonNadler
JonNadler's picture

Dennis' record is more pitiful than mine Jon

Fri, 03/04/2011 - 12:45 | Link to Comment william the bastard
william the bastard's picture

When QE ends, the margin calls on gold will be historic. Better hope the mideast can prolong the revolutionary flames because that's all you got right now.

Fri, 03/04/2011 - 13:12 | Link to Comment SWRichmond
SWRichmond's picture

When QE ends, the margin calls on gold will be historic. Better hope the mideast can prolong the revolutionary flames because that's all you got right now.

No margin here.  The day the self-reinforcing deflation begins in the U.S. is the day the U.S. defaults on Treasuries is the day USD dies a horrible screaming death. 

Fri, 03/04/2011 - 13:30 | Link to Comment william the bastard
william the bastard's picture

Then you can watch as the price of your fully paid position dropps 1/3 or more. Did you learn nothing from the recent housing crash? Or is your fully paid McMansion still sitting at 2005 valuations?

Fri, 03/04/2011 - 19:56 | Link to Comment SWRichmond
SWRichmond's picture

Then you can watch as the price of your fully paid position dropps 1/3 or more.

This is the fundamental fallacy that the pro-government crowd here wants to keep in the public eye.  It is wrong, because it starts from the proposition that fiat is money, and gold is a commodity. 

Because just after your above happens, once everyone's valuations collapse, and tax revenues along with them, and fiat "cash" is once again king, how will the U.S. government make interest payments?  How will the government pay the dependency classes to not riot?  How will the government keep the troops overseas in nearly every country while contionuing to fight (at least) two wars?  If they don't print the money, and the economy suffers a self-reinforcing deflation that causes "valuations" and revenues to "crash," where exactly will the money come from?  What happens to Treasury yields when that happens, right after the rush (if there is one; the flight to safety trade seems to have failed to re-emerge)?  How does the goverment make interest payments?

And when the dollar explodes in a supernova when THAT realization is made, what happens to YOUR positions?

Fri, 03/04/2011 - 13:30 | Link to Comment akak
akak's picture

Yeah, dipshit, that is why gold was only $1400 BEFORE the Middle East erupted.  Ignore that previous and ongoing 10-year steady uptrend in the price (thanks to Greenspan's and Bernanke's bubble-blowing, inflationary monetary policies).

What a loser.

Fri, 03/04/2011 - 13:35 | Link to Comment william the bastard
william the bastard's picture

Its $1400 because of QE, butt-weasel. Read what I wrote and speak to me only when called upon in the future.

Fri, 03/04/2011 - 13:41 | Link to Comment tmosley
tmosley's picture

Only if you show the same courtesy to everyone else.

But you never do, you little dingleberry.

Fri, 03/04/2011 - 13:43 | Link to Comment william the bastard
william the bastard's picture

Who's asking you?

Fri, 03/04/2011 - 13:46 | Link to Comment tmosley
tmosley's picture

Your mother asked me to teach you some manners.

Fri, 03/04/2011 - 16:21 | Link to Comment akak
akak's picture

Its $1400 because of QE, butt-weasel.

What a ridiculous and desperate statement! 

AGAIN, you ignore everything that has been ongoing in the last 10 years with gold and silver, in your futile and hysterical attempt to deny reality.  Gold was WELL over $1000 before your beloved "quantitative easing" (i.e., the road to Weimar) was begun --- so try to explain to me, you liar, just why the price of gold was steadily advancing BEFORE QE was ever begun?

Honestly, this is like shooting fish in a barrel!  Really stupid, drunken, retarded fish.

Fri, 03/04/2011 - 13:52 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

So without QE, somehow an ecomony miraculously springs up to smash gold prices? Where does this new healthy economy come from? Last I checked, all the toxic waste is still there on the books, marked to fantasy, housing a disaster, jobs a disaster, debt - up to eyeballs, states - bankrupt, munis - bankrupt, banks - insolvent. There seems to be real growth in trolling though, I confess, it's not all no-growth.

Fri, 03/04/2011 - 13:56 | Link to Comment akak
akak's picture

+++

Fri, 03/04/2011 - 14:39 | Link to Comment william the bastard
william the bastard's picture

Your contribution to this board is a real mind melt.

Fri, 03/04/2011 - 15:18 | Link to Comment tmosley
tmosley's picture

It doesn't take much for you, does it?

Fri, 03/04/2011 - 15:37 | Link to Comment SheepDog-One
SheepDog-One's picture

LOL, if and when QE stops, equities will plunge like mad! 

Fri, 03/04/2011 - 13:17 | Link to Comment TradingJoe
TradingJoe's picture

Hah! Turd! Almost in the money on your April 105 Calls, eh! Some loser below is shorting USO hehehe, soon to be a crying fuzzy!

Fri, 03/04/2011 - 12:17 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

When was the last time they raised it on ES?

Fri, 03/04/2011 - 12:18 | Link to Comment Ancona
Ancona's picture

Silver will probably be next. In fact, I'll bet a dollar Blythe is on the phone right now, simpering and begging.

Fri, 03/04/2011 - 12:21 | Link to Comment TheGreatPonzi
TheGreatPonzi's picture

I'm ready to bet with you that there's gonna be a gold and silver margin hike until next month.

Fri, 03/04/2011 - 12:27 | Link to Comment pendragon
pendragon's picture

yes there will be a silver margin hike very soon. no conspiracy just that vol has exploded

Fri, 03/04/2011 - 12:28 | Link to Comment Robot Traders Mom
Robot Traders Mom's picture

I hope they do because if you truly hold physical gold and silver, you want strong hands there as support (other physical holders). I would like to see all the speculators washed out that don't actually own shit so the volatility lessens and we can gain more of a clue to how much time is really on the clock in this end game.

Fri, 03/04/2011 - 12:38 | Link to Comment camoes
camoes's picture

+10

Fri, 03/04/2011 - 16:09 | Link to Comment IQ 145
IQ 145's picture

 I'm in sympathy with your position; I don't think it's desirable to "wash out" all speculators; but thinning down the crowd is probably good for the price discovery mechanism, as you say. Especially some young financial "gunslingers" who could find something else to do besides playing "commodity".

Fri, 03/04/2011 - 15:39 | Link to Comment SheepDog-One
SheepDog-One's picture

Huh Ancona? Theyre already ICE hammered silver TWICE in the last month!

Fri, 03/04/2011 - 12:19 | Link to Comment sulfur
sulfur's picture

wtf? we just keep printing money and raising margin requirements people will never realize...and the funny thing is 99 % of the population really wont get it even after the collapse

Fri, 03/04/2011 - 12:20 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Yes. I'm expecting a false flag very soon to distract the sheeple once again from reality.

Fri, 03/04/2011 - 12:26 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

What do you figure? We've overdone the terror thing, need something new. How about charlie sheen loses it, two hour car chase, standoff and shootout? Tell all interview with Bree Olson and Barbara Walters to follow... Should be good for a week or two of distraction.

Fri, 03/04/2011 - 12:38 | Link to Comment KickIce
KickIce's picture

Earthquake on the New Madrid fault might cause a small disruption but the potential of an NFL lockout will occupy the sheeple for months.

Fri, 03/04/2011 - 13:01 | Link to Comment Flakmeister
Flakmeister's picture

Re: NFL, so sad, so true...

I am waiting for the adminstration to appoint a Football czar. In the limit of no bread, circuses can carry the load for a bit.

Fri, 03/04/2011 - 12:45 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Psyops are used to control the masses. China knows this well, but I can say, that is coming to an end.

Fri, 03/04/2011 - 13:59 | Link to Comment earnyermoney
earnyermoney's picture

Turd posted an article from the Washington Times concerning a declassified Pentagon paper on the origins of the 08 Market crash. Paper infers "financial terrorists" are to blame for the market crash. None are named and it's inferred that they exist outside the country.

Diversionary tactic by the fascists on Wall Street and in the nation's capitol.

Fri, 03/04/2011 - 12:28 | Link to Comment Long-John-Silver
Long-John-Silver's picture

Hitler had convinced the German people they were winning even as the Russians were storming through the streets of Berlin.

Fri, 03/04/2011 - 12:44 | Link to Comment malikai
malikai's picture

No, Hitler convinced himself that he convinced the germans they were winning.  BIG difference.

Fri, 03/04/2011 - 13:50 | Link to Comment Founders Keeper
Founders Keeper's picture

[Hitler convinced himself that he convinced the germans they were winning.]---malikai

I would say, Hitler first convinced himself that Germany was winning, then tried convincing Germans.

Deceiving others is often rooted in the deception of self.

 

Fri, 03/04/2011 - 14:00 | Link to Comment PY-129-20
PY-129-20's picture

Many realized at '44 that the war was lost. My great-grandfather fought in both world wars. He was sent to prison for weeks after he had slapped a young officer (the guy wanted to teach veterans of the 1st world war a lesson) . After that he had to work as a messenger within the Reich. Later, he was drafted as a Zugfuehrer (platoon leader) of a local Volkssturm unit - old men and teenager. They had only one Panzerfaust and some old rifles. He refused to fight against the Americans. The local mayor threatened him and told him the SS would kill him if he refused to fight them, but my great-grandfather ignored the mayor. Then came a column with many injured soldiers to this town. The mayor instantly went to the officer of that unit and told him about the refusal of my great-grandfather. But luckily that officer also knew that the war was over and he told the mayor basically to fuck off.

When the first American soldiers came to that town, nobody fired at them. In fact, they were glad that the war was over for them. They had enough. My grandfather, who was a  child at that time, also added that they were greeted by American soldiers on tanks and jeeps.

Berlin was a different story. They were fighting against Russians and they had every reason to fear them (for the crimes they had commited to Russian people).

Fri, 03/04/2011 - 12:20 | Link to Comment Silversinner
Silversinner's picture

Do you think they will be as succesfull as with

gold and silver?

Fri, 03/04/2011 - 12:22 | Link to Comment tmosley
tmosley's picture

They weren't successful at all last time.  The price blew through the roof immediately after the last margin hike.  Presumably there were more small time shorts on margin than longs on margin.

Fri, 03/04/2011 - 12:46 | Link to Comment william the bastard
william the bastard's picture

When  QE ends, the margin calls on gold will be historic. It'll make Benghazi look like a weeny roast.

Fri, 03/04/2011 - 12:49 | Link to Comment tmosley
tmosley's picture

Sorry, when does QE end?  Be specific.  And bet your life on it.

Fri, 03/04/2011 - 13:37 | Link to Comment william the bastard
william the bastard's picture

When it ends all gold pimps like you will die. No one will read your thousands of daily posts confirming that you were wrong, wrong, wrong.

Fri, 03/04/2011 - 13:42 | Link to Comment tmosley
tmosley's picture

I'm not asking you what will happen you moron.  I'm asking you the date.

It will NEVER end so long as there is a Federal Reserve.  

My rising net worth says I'm right, right, right.

Fri, 03/04/2011 - 13:45 | Link to Comment william the bastard
william the bastard's picture

Then you are saying QE will never end. You are saying mideast revolutions will never end.

You are not only an abortion doctor but an idiot.

Fri, 03/04/2011 - 13:49 | Link to Comment tmosley
tmosley's picture

No, I am telling you to tell all present when QE will end.  You keep saying everyone buying gold and silver are stupid for doing so because QE will end.  It doesn't make much sense to stop now if QE doesn't end until 2015, but if it ends on schedule, then it does.

Also, if I'm an abortion doctor, then you are a courteous gentleman.  Please tell us all where you got that dumbshit idea that I am an abortion doctor.  I don't even have an MD.

Fri, 03/04/2011 - 13:51 | Link to Comment akak
akak's picture

No, QE will not end until the dollar comes to an end.

The Fed has painted itself into a corner, and either the US defaults on its debts as interest rates rise, and the dollar dies, or else continues to monetize that debt until accelerating inflation suddenly leads to hyperinflation, and the dollar dies.

The fiat dollar is already dead, it just hasn't been given a proper burial yet.

Fri, 03/04/2011 - 14:06 | Link to Comment william the bastard
william the bastard's picture

You're not a gold pimp you're just a doomer. "When the dollar dies"! Indeed! You won't be alive then.

In the meantime don't you have guard duty to pull? Someone may be stalking your canned corn stash. 

Fri, 03/04/2011 - 14:11 | Link to Comment tmosley
tmosley's picture

You never answered the question:  When is QE going to end?

You have no idea, you are just an aggressive little idiot talking out of his ass.

Fri, 03/04/2011 - 14:16 | Link to Comment william the bastard
william the bastard's picture

It doesn't matter when what's important is that it hurts the gold pimps.

Fri, 03/04/2011 - 14:22 | Link to Comment akak
akak's picture

Coward.

Answer the question, or fuck off.

Fri, 03/04/2011 - 14:28 | Link to Comment william the bastard
william the bastard's picture

It ends and you die jackass

 

Two things stand out from the European Central Bank's decision effectively to pre-announce a rise in interest rates next month

http://online.wsj.com/article/

SB10001424052748703300904576178593481455866.html

 

 

 

Fri, 03/04/2011 - 14:28 | Link to Comment tmosley
tmosley's picture

So you're saying it will never happen.

As I suspected.

Fri, 03/04/2011 - 14:34 | Link to Comment william the bastard
william the bastard's picture

Read it here blowhard. You don't want to hear it because it destroys your pissant argument. So fuck you.

Others can see it here from today's WSJ in TWO seperate articles:

Two things stand out from the European Central Bank's decision effectively to pre-announce a rise in interest rates next month

http://online.wsj.com/article/

SB10001424052748703300904576178593481455866.html

The gloves are off. The European Central Bank is calling time on the hugely accommodative monetary policy that has prevailed since 2009. Barring a fresh leg of the financial crisis, rates could rise in April.

http://online.wsj.com/article/

SB10001424052748703300904576178470040938598.html

 You'll have no come back but an insult. Bring it.

Fri, 03/04/2011 - 14:39 | Link to Comment akak
akak's picture

And what do rising interest rates do to the rapidly rising and already unsustainable federal debt payments, eh?

Dollar: RIP

Fri, 03/04/2011 - 14:39 | Link to Comment tmosley
tmosley's picture

No-one cares about rates in the Eurozone any more than they cared about rates in China.  You and Smells were on here telling everyone we were all going to die when China raised rates.  I said it would have no effect, or a slight positive effect.  I was right, you were wrong.  The same exact thing will happen here.  

Tell me about the fucking QE!

Fri, 03/04/2011 - 14:46 | Link to Comment william the bastard
william the bastard's picture

Read it here blowhard. You don't want to hear it because it destroys your pissant argument. So fuck you.

Others can see it here from today's WSJ in TWO seperate articles:

Two things stand out from the European Central Bank's decision effectively to pre-announce a rise in interest rates next month

http://online.wsj.com/article/

SB10001424052748703300904576178593481455866.html

The gloves are off. The European Central Bank is calling time on the hugely accommodative monetary policy that has prevailed since 2009. Barring a fresh leg of the financial crisis, rates could rise in April.

http://online.wsj.com/article/

SB10001424052748703300904576178470040938598.html

You'll have no come back but an insult. Bring it.

Fri, 03/04/2011 - 14:49 | Link to Comment tmosley
tmosley's picture

Uhhh, I already answered you, you coward.

Tell me when QE is going to end, or you're a coward, coward.

Fri, 03/04/2011 - 14:40 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Speaking of blowhards. Try looking in a mirror.

You really think Trichet will raise rates significantly?

If you do, you are beyond help and hopelessly lost.

Fri, 03/04/2011 - 14:16 | Link to Comment akak
akak's picture

Yes, answer the question, bastard: when does QR end?

And much more importantly, what HAPPENS when QE ends?

Fri, 03/04/2011 - 14:17 | Link to Comment william the bastard
william the bastard's picture

No one cares what you think.

Fri, 03/04/2011 - 14:19 | Link to Comment akak
akak's picture

Perhaps.  But at least I think.

Fri, 03/04/2011 - 14:12 | Link to Comment william the bastard
william the bastard's picture

Barring a fresh leg of the financial crisis, rates could rise in April. ECB President Jean-Claude Trichet is determined his track record on inflation is not to be tarnished and looks set to leave the Bank of England and U.S. Federal Reserve in the dust.

 

http://online.wsj.com/article/SB10001424052748703300904576178470040938598.html

Fri, 03/04/2011 - 14:12 | Link to Comment tmosley
tmosley's picture

No-one gives a fuck about that.  When is QE going to end?

Fri, 03/04/2011 - 14:15 | Link to Comment william the bastard
william the bastard's picture

When will gold be $1500?

Fri, 03/04/2011 - 14:24 | Link to Comment akak
akak's picture

IF you were here with any kind of honest intent, and not merely trolling for the PTB, you would at least try to answer the QE question.

Fri, 03/04/2011 - 14:27 | Link to Comment tmosley
tmosley's picture

Before July.  When will QE end?

Fri, 03/04/2011 - 14:34 | Link to Comment william the bastard
william the bastard's picture

Read it here blowhard. You don't want to hear it because it destroys your pissant argument. So fuck you.

Others can see it here from today's WSJ in TWO seperate articles:

Two things stand out from the European Central Bank's decision effectively to pre-announce a rise in interest rates next month

http://online.wsj.com/article/

SB10001424052748703300904576178593481455866.html

The gloves are off. The European Central Bank is calling time on the hugely accommodative monetary policy that has prevailed since 2009. Barring a fresh leg of the financial crisis, rates could rise in April.

http://online.wsj.com/article/

SB10001424052748703300904576178470040938598.html

You'll have no come back but an insult. Bring it.

Fri, 03/04/2011 - 14:40 | Link to Comment tmosley
tmosley's picture

I answered your question, you answer mine, or you're a coward.

Fri, 03/04/2011 - 14:45 | Link to Comment william the bastard
william the bastard's picture

You didn't answer my question. 

QE will end and you will die. 

Tell me where you live.

Fri, 03/04/2011 - 14:51 | Link to Comment tmosley
tmosley's picture

I'll tell you after you tell me when QE is going to end.

But you won't, because you are a coward, and are now resorting to threats of physical violence.

Fri, 03/04/2011 - 14:57 | Link to Comment akak
akak's picture

No, tmosley, you have it all wrong. 

He wants to know where you live because, once again, you have brought out the homoerotic tendencies of yet another troll.  Clearly, he loves to be dominated, such as you have done in your sparring with him, and now he wants to come over and consummate the relationship.  I just hope you are willing to be satisfied with Bernanke's sloppy seconds.

Fri, 03/04/2011 - 15:51 | Link to Comment Richard Head
Richard Head's picture

He already "knows" that you live in Dallas.  Then again he can't keep track of all the garbage that he spews here.

Fri, 03/04/2011 - 16:36 | Link to Comment tmosley
tmosley's picture

Funny thing is, I could count the number of times I've been to Dallas in my whole life on my fingers.

I could count the number of times I have been there in the last ten years on one finger.

Fri, 03/04/2011 - 16:45 | Link to Comment akak
akak's picture

Facts and truth are irrelevant to a malicious troll with an agenda to disrupt, harass and (futilely) attempt to shut down discussion on subjects which the power elite would much rather not be publicly discussed.

Fri, 03/04/2011 - 14:43 | Link to Comment akak
akak's picture

The rate of growth in the necessary payments on the rapidly rising federal debt are already unsustainable, and rising interest rates, even a modest rise, will only bring the Ponzi nature of our entire federal governmental complex crashing down that much quicker.  You are looking at the end of an era, a vile and pathetic era of fiat slavery and theft, and you merely reflect the widespread hysterical denial of reality among all those wedded to the status-quo, and to their status as slaves of a corrupt and sociopathic ruling elite.

Fri, 03/04/2011 - 13:49 | Link to Comment Fearless Rick
Fearless Rick's picture

When is it going to end, bastardo? When gas is $4.25 a gallon? Maybe they'll decide to hike interest rates too, so the deficit will just plain explode?

Monkey Ben will never end QE in some form. He's cornered the Ponzi market on devaluation of the world's reserve currency, and that's not easy!

QE will continue well past June. If they stop it in June, crash everything, so, won't happen. Ben is a chicken-shit economist. When TSHTF, he'll be public enemy #1.

Gold and silver will continue to rise as fiat currencies are debased. You don't own any? You don't eat. See ya.

Fri, 03/04/2011 - 14:14 | Link to Comment william the bastard
william the bastard's picture

Barring a fresh leg of the financial crisis, rates could rise in April. ECB President Jean-Claude Trichet is determined his track record on inflation is not to be tarnished and looks set to leave the Bank of England and U.S. Federal Reserve in the dust.

http://online.wsj.com/article/

SB10001424052748703300904576178470040938598.html

Fri, 03/04/2011 - 12:19 | Link to Comment jus_lite_reading
jus_lite_reading's picture

Not surprising. I wonder if JP Morgue will unload those tankers in the gulf now?

Fri, 03/04/2011 - 12:21 | Link to Comment camaro68ss
camaro68ss's picture

This is better then watching a horror film

Fri, 03/04/2011 - 12:22 | Link to Comment jus_lite_reading
jus_lite_reading's picture

And we're living it...

Fri, 03/04/2011 - 12:29 | Link to Comment tmosley
tmosley's picture

I'm terrible at horror films.  I always figure a way out.

Looks like my way out of this one is working quite well.

Fri, 03/04/2011 - 13:39 | Link to Comment william the bastard
william the bastard's picture

You self centered pompous ass

Fri, 03/04/2011 - 13:50 | Link to Comment tmosley
tmosley's picture

Don't blame me for their bad writing.  Or yours for that matter, dingleberry.

Fri, 03/04/2011 - 14:36 | Link to Comment william the bastard
william the bastard's picture

You're not even a good gold pimp. If you have a family they must be shamed

Fri, 03/04/2011 - 14:42 | Link to Comment tmosley
tmosley's picture

Nope.  Those who listened to me are getting rich, those who didn't are asking all kinds of questions now.

Your mother, on the other hand, is very disappointed in you.  She wants you to get a job.

Also, you might not want to kiss her on the mouth tonight.  Ass-to-mouth and all.

Fri, 03/04/2011 - 12:22 | Link to Comment silvertrain
silvertrain's picture

 A 25% raise in Palladium at the close today also...

Fri, 03/04/2011 - 12:24 | Link to Comment pendragon
pendragon's picture

this is not a conspiracy. there is a mathematical formula. if price volatility goes up over a sustained period so does margin. it's simple.

Fri, 03/04/2011 - 12:26 | Link to Comment Printfaster
Printfaster's picture

I would almost agree with you. 

If the margins went up on downward volatility.

Somehow the formulas just don't seem to do anything there.

Fri, 03/04/2011 - 12:38 | Link to Comment pendragon
pendragon's picture

well the higher the price of a commodity the higher the theoretical price vol so one would expect margin requirements to be asymettrical as in fact they are.

Fri, 03/04/2011 - 12:40 | Link to Comment Printfaster
Printfaster's picture

The formulas are excessively asymmetric.

Let's say biased.

Fri, 03/04/2011 - 12:44 | Link to Comment SWRichmond
SWRichmond's picture

Who cares about formulas?  Managed economies don't work.  We are witnessing the breakdown of the system , the result of decades of mis-management and pillaging by the elites.  All of their management efforts will come to nothing.  Fail.  Some sizeable minority of market participants have realized this, and so the end game is on.

Fri, 03/04/2011 - 12:51 | Link to Comment pendragon
pendragon's picture

well there are enough systemic risks out there already. the futures exchanges are one of the few places in the financial system where we are unlikely to have a systemic event. let's keep it that way. support higher margin if it's justified don 't just talk up your long crude posns.

Fri, 03/04/2011 - 13:15 | Link to Comment SWRichmond
SWRichmond's picture

the futures exchanges are one of the few places in the financial system where we are unlikely to have a systemic event.

huh?  The nesting place of naked shorting and leverage is "unlikely to have a systemic event"?  Oh My Goodness.

Fri, 03/04/2011 - 13:18 | Link to Comment pendragon
pendragon's picture

well like it or not it is transparent, margined (ironically as this article shows), free from counterparty risk and well managed.

Fri, 03/04/2011 - 14:02 | Link to Comment Bay of Pigs
Bay of Pigs's picture

LMAO. Dream on dude...

Fri, 03/04/2011 - 15:52 | Link to Comment IQ 145
IQ 145's picture

 This is a correct statement.

Fri, 03/04/2011 - 16:12 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Yeah right. Please explain how the COMEX is "transparent, margined (ironically as this article shows), free from counterparty risk and well managed".

I call bullshit.

Fri, 03/04/2011 - 16:13 | Link to Comment Bay of Pigs
Bay of Pigs's picture

deleted

Fri, 03/04/2011 - 15:55 | Link to Comment IQ 145
IQ 145's picture

 "Naked shorting" is a technical term that has a definition and application limited to the stock market; it has no meaning in the futures market and is never used in this context.

Fri, 03/04/2011 - 15:57 | Link to Comment IQ 145
IQ 145's picture

 Agreed. they are biased; but I don't see it as a problem. Many of these contracts need to be a little less attractive for the financial gunslingers to speculate on, and that's the primary benefit of the higher margins in my opinion.

Fri, 03/04/2011 - 12:35 | Link to Comment Flyingtrader
Flyingtrader's picture

You are wasting your time. Here, everything is a conspiracy.

Fri, 03/04/2011 - 12:26 | Link to Comment takeaction
takeaction's picture

And Silver hits new High...wow.

Fri, 03/04/2011 - 12:25 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

Timmah says we got the SPR to tap not to worry party on.

Fri, 03/04/2011 - 12:46 | Link to Comment malikai
malikai's picture

Yup, and all those nonexistent upgraders in the gulf will do a whole lot of nothing with all that Orinoco heavy.

Fri, 03/04/2011 - 12:27 | Link to Comment Oh regional Indian
Oh regional Indian's picture

In semi-related news, India paid Iran in Euro's for settling oil dues.

http://www.indiainfoline.com/Markets/News/India-pays-Iran-euro-1.5bn-for...

ORI

Fri, 03/04/2011 - 12:33 | Link to Comment Long-John-Silver
Long-John-Silver's picture

It's been said a ghost is a person that can't believe they died and refuse to cross over. The US Dollar has become a ghost currency.

Fri, 03/04/2011 - 12:56 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Nice analogy. Boo...etc...

ORI

Fri, 03/04/2011 - 13:06 | Link to Comment Dr. Porkchop
Dr. Porkchop's picture

That's fitting, considering the US banks are merely reanimated corpses.

Fri, 03/04/2011 - 12:29 | Link to Comment Spalding_Smailes
Spalding_Smailes's picture

Good.

 

The traders are pushing up prices just like 06 - 08.

Fri, 03/04/2011 - 12:32 | Link to Comment tmosley
tmosley's picture

Then why isn't oil crashing right now?  They just hiked the margin requirements.  Anyone working on leverage should be shitting their pants right now and abandoning ship.  They aren't.

I would suggest that from here on in, you unplug your computer before taking hallucinogens.

Fri, 03/04/2011 - 12:46 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Lol-sh*t yeah

Fri, 03/04/2011 - 12:48 | Link to Comment william the bastard
william the bastard's picture

Mideast unrest is moving oil fool. Better hope it continues cause it's all gold has going for it.

Fri, 03/04/2011 - 13:32 | Link to Comment akak
akak's picture

Yeah, those 10-year steady advances in the prices of gold and silver were just an illusion.

"These aren't the financial lifeboats you are looking for.  Move along."

Fri, 03/04/2011 - 13:39 | Link to Comment william the bastard
william the bastard's picture

You are saying those trends will continue forever?

Brawhawhawhaw . Buy more!!!

Fri, 03/04/2011 - 14:07 | Link to Comment akak
akak's picture

No.  Those trends will merely continue until the dollar joins every single one of its fiat brethrens on the ashheap of monetary history.  This time it is NOT different!

Fri, 03/04/2011 - 14:41 | Link to Comment william the bastard
william the bastard's picture

You're a hopeless idiot.

Fri, 03/04/2011 - 14:42 | Link to Comment tmosley
tmosley's picture

You keep talking about yourself.  Your mother and I are going to kick you out if you don't start taking your meds.

Fri, 03/04/2011 - 14:46 | Link to Comment akak
akak's picture

So what has happened to so many other profligate and overspending governments, and their fiat bastard offsprings, will not happen to ours, because ..... ?

Fri, 03/04/2011 - 12:48 | Link to Comment malikai
malikai's picture

When I read about the hike I almost shit my pants, then I looked at the charts. I smiled again.

Fri, 03/04/2011 - 13:09 | Link to Comment pitz
pitz's picture

Leverage works both ways buddy; both long and short.  The only thing, on a net basis, that raising margin requirements does, is increase demand for the US T-bills that typically have to be placed as collateral.  At the expense of investment for future oil production.

If I was a futures trader with a long position, I'd be very happy that margin requirements are rising.

Fri, 03/04/2011 - 13:03 | Link to Comment Flakmeister
Flakmeister's picture

Hey Spalding... did you load up on Impact Silver? Heh, heh, heh...

Fri, 03/04/2011 - 14:34 | Link to Comment Bay of Pigs
Bay of Pigs's picture

I'd like to see his returns compared to yours. You have been kind enough to share your knowledge and expertise here on the PM stocks. Thanks.

 

 

Fri, 03/04/2011 - 14:41 | Link to Comment william the bastard
william the bastard's picture

You're not missed when you sit out down $24 days

Fri, 03/04/2011 - 14:43 | Link to Comment tmosley
tmosley's picture

You're not ever missed.  Not even by your mama :(

Fri, 03/04/2011 - 14:47 | Link to Comment william the bastard
william the bastard's picture

Where do you live

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