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.
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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