Loading ...Ipso – Pretty damn funny and so true. People can buy gold all day long for the paper price and never receive an ounce, worse, more than likely lose their asses because of their manipulation! When the rules don’t work in their advantage, i.e. margin requirements, they just raise them to scare the regular folks, almost always long, out.
I’ve never seen the Crimex raise margin requirements when the price of the metals is falling – never.
Captain – I hope I’m right too, but I think your statement here pretty much says it all:
“This is until these idiots are parted from enough of their money they stop…PMs will continue to be held back.”
Unfortunately, I have no clue where we go from here…