Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (12034)	5/22/1998 7:39:00 PM
From: PaulM	Respond to of 116825

"Kodiak is caught in a vertical bear trap" Could you eloborate? I'm not a futures trader and was wondering what experienced folk thought about the margin requirement increase for palladium. Today's CRB precious metals story repeats the view of one trader that the increase in deposit requiremenst has "squeezed" everybody out of the market and caused the price to fall. "NYMEX had raised the margins so high theyv'e squeezed everybody out of the palladium market" I was wondering what the justification for such market intervention would be. Does this always aid the short side of teh tug of war? What would the justification be for requiring a higher deposit than a the contract is worth to stay long a commodity? Wasn't aware that NYMEX reserved the right to do that. crbindex.com