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The Trumpies joined major banks, a few billionaires and the LBMA to manipulate the silver market, and it worked….for about a day. Silver rebounded today and is up over 8% and RISING! Facts are facts, no matter what the manipulators try to do, and there’s not enough silver to meet demand, for industry AND investment. Am gonna sit back and enjoy the ride….

 This was the Trumpies effort at market manipulation. It worked, for about a day….

Surging silver and gold slide after CME raises margin requirements 

NEW YORK >> Silver and gold futures fell sharply Monday after the Chicago Mercantile Exchange, one of the world’s largest trading floors for commodities, asked traders to put up more cash to make bets on precious metals with prices surging this year.

This year, gold futures are up 65% and silver has more than doubled.

The CME raised margin requirements for gold, silver and other metals in a notice posted to the exchange’s website Friday. These notices require traders to put up more cash on their bets in order to insure against the possibility that the trader will default when they take delivery of the contract.

Exchanges sometimes boost margin requirements when a commodity or other security goes on a significant run. In its notice, the CME said it was raising margin requirements “per the normal review of market volatility.”

Silver futures tumbled 8% early Monday while gold slid 5%.

And then there was TODAY!


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