Dust flux, Vostok ice core

Dust flux, Vostok ice core
Two dimensional phase space reconstruction of dust flux from the Vostok core over the period 186-4 ka using the time derivative method. Dust flux on the x-axis, rate of change is on the y-axis. From Gipp (2001).

Friday, March 25, 2011

Increasing margin requirements for silver will only hasten the end

Once again, COMEX margin requirements were raised on a big up-day for silver.

The higher the margin requirements go, the easier it is to call for delivery at the end of the month.

After all, if you have to put in full cash value for all ounces under contract, you don't have to come up with any money at all when you call for delivery.

As the calls for delivery are what will eventually blow up the system, the increasing margin requirements will ultimately have an effect opposite to what is desired.

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