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To: Nachum

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.


9 posted on 08/10/2011 7:37:54 PM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Zhang Fei

Calling Tyler Durden a retard is a profound insult to retards.


If you had supported your point with evidence like the value of a contract the last time margins were raised, I might give you credence. Tyler Durden has said lots of helpful and intelligent things that have profited me.

Note the the margin raises in Silver were absurd compared to any standard, and I assume that this is more of the same, and do not trust an old lurker like you.


11 posted on 08/10/2011 8:33:01 PM PDT by Atlas Sneezed (Government borrowing is Taxation without Representation)
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To: Zhang Fei

“Calling Tyler Durden a retard is a profound insult to retards.”

Really? So you have read zerohedge.com and that’s your assessment?

You’ve embarrassed yourself


13 posted on 08/10/2011 9:56:38 PM PDT by cowtowney
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