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To: Lucretius who wrote (11064)8/14/2000 11:12:48 PM
From: pater tenebrarum  Respond to of 436258
 
o.k., i haven't checked the thread for two weeks or so...only posted some comment there on a whim recently and was replied to today.

good night...



To: Lucretius who wrote (11064)8/14/2000 11:21:01 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
i wonder why no-one has as of yet commented on the new NYMEX requirement to put down $1,350 in margin for every oz. of palladium, which happens to be trading at $730 spot.

this is an obvious price manipulation ploy to bail out shorts that are / were in deep doodoo apparently. i mean, a car costs $20,000...and the car dealer demands a $30,000 deposit from you - same thing.

NYMEX is not better than TOCOM...both have used manipulation to halt the process of price discovery in a free market. free markets exist apparently only as long as they suit certain people.