Monday, May 16, 2011

Repeat after me: "margin increases have no effect on prices"

Never let it be said that we don't offer both sides to any story on this blog, below the Precious Metals Anti-Christ, Jeff Christian, he of the infamous statement that the futures markets trade 100 times more paper than underling metal and that is normal, is now trying to tell us that the 4 recent COMEX margin increases had no effect on the silver price. I don't about you but I have trouble believing in any coincidences, let alone 4.


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