CME Goes To Collateral DefCon 1: Makes Maintenance Margin Equal To Initial For... Everything!?
Bix Weir
"Which means that by close of business Monday, millions of options and futures holders will be forced to deposit billions in additional capital to the CME just so they are not found to be margin deficient, and thus receive a margin call. Naturally, since it is very unlikely that this incremental amount of liquidity can be easily procured in one business day, we anticipate the issuance of hundreds of thousands of margin calls Monday, followed by forced liquidations of margin accounts across America... and the world."
You know what that will most likely mean for silver...ANOTHER MASSIVE SILVER SLAM! The ONLY institutions that can make these kind of margin deposits without selling off assets are the big banks. VOILA...massive long silver liquidations.
On a brighter note, it is likely the LAST silver slam we will have to ride out...EVER!
This is the END GAME of 40 years of computer price manipulation.
Expect it to get a little crazy.
Bix Weir