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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Jopps who wrote (28564)	1/21/2012 6:30:25 AM
From: GROUND ZERO™	2 Recommendations Respond to of 222324

This rumor has been floating around the precious metals crowd for many months, but I don't know how true it really is... anyhow, I've heard that COMEX cannot meet the delivery demand so they've jacked up the margin requirement again and again to chase out the smaller holders... it's true that they've raised the margins so many times, in fact, within a two week period they raised the margin 8 or 9 times, that's what broke the silver market last year... but again, the reason(s) they did raise the margin so often is only rumored and I cannot verify it anywhere, certainly they wouldn't admit it if it were true... If that rumor were actually true, then the COMEX may well be guilty of some sort of criminal activity... if they didn't even have the silver on had to deliver, then all those previous years while they were charging storage fees and so on to hold the silver from earlier deliveries, they were charging fees for absolutely nothing since they had no silver to store... why that is not being questioned or investigated is a mystery... GZ