Note to the the CME and Obamatrons...
You can’t touch this
http://www.youtube.com/watch?v=otCpCn0l4Wo&ob=av2e
HA ha ha.... LOL.... he he
I just love it!!!!
-——in one month gold will be above $2,000-——
Meanwhile, brass and lead will be on sale at Walmart
Calling Tyler Durden a retard is a profound insult to retards. It’s perfectly normal for margins to be raised along with the price of a commodity. The initial margin for a 100 oz contract is now $7425. This means that $7425 is all you need to speculate on $180,000 (at $1,800 an ounce) worth of gold futures. In other words, a gold speculator in only putting up $1 for every $24 of gold futures he controls. Initial margins for stock purchases also go up with stock prices - the initial margin for 100 shares of IBM at $160 is double what it was when IBM was selling at $80 a share.
When gold goes up, Obama goes down. (As do a few resentful Freepers who wish they’d planned their finances differently).