lol, If you think I lost the argument you must be totally delusional, but nice try, I am not impressed by a bunch of amateurs on ET ...
Good point. The power to manipulate commodities prices simply by altering the margin requirements is a license to steal. Insiders short a commodity then slam that commodity with a series of hikes in margin requirements until the commodity crashes. Yet another example of the way "capitalism" has degenerated into a mechanism for concentrating global wealth in the hands of an all-powerful elite.
============== BrB8;4 Congrats on the polar bear profits; cool I am a brand new old trader/ investor.Its easy ,with much experience, to call ''tops'' in a Up market-there are so many of them , dailytops, weeklytops, monthly tops, yearly tops gap tops,high tops, low tops, top closes,...................................... Same thing in a bear[below 200day moving average] [EXCEPT all most all monthlys, weeklys, daily are bottoms, not tops.......................................................................................... Ps not to nitpick; but its an important point, NObody'' knows''[predicts] All of what i have written is probabilities, not predictions.
Yeah trading options... Option #1 Work at mcdonalds Option #2 Collect unemployment Option #3 Collect welfare. Basically trading those 3 options for over a decade,huh?
Something you silver ass-clowns seem to neglect, regarding margin hikes is: Silver was/is more likely to SELL OFF near $50 {Reads: Multi-year resistance} than it was at $22 or $30 or $40 or $41, or $43.... DOES THIS MAKE SENSE TO ANY OF YOU KNUCKLEHEADS? Margin was raised because a crash was likely, also inadvertently flushing our only the most leveraged players. You silver guys sure do get angry when silver goes down. Do you not understand it's a MARKET, and like all markets may go up or down based on supply/demand? Biggest bunch of crybabies of any market. EVER. I don't see corn, sugar, notes, crude oil or spoos traders bitching and moaning like you guys. Even the venerable tyler durden on ZH is crying like a pussy.
Well it was a magnificent operation was it not? raising margin 5 times in 9 days........lol. Like throwing gasoline on a brush fire. Somebody made out like a bandit. It is a small market and they'll do it again.