Finansiella Insikter

Fann följande teori från Bill Murphys nyhetsbrev om varför CME nyligen sänkte marginalkraven för guld och inte silver tämligen intressant.

Kanske är det som det påstås – ett desperat sätt att styra om investeringar till guld då man annars mer eller mindre riskerar en Comex silver default.

Gold as a siphon

The latest reduction in margin requirements for gold is a blatant attempt to siphon speculator interest away from July silver prior to option expiration and first notice day. This is the clearest signal yet that they are on the ropes with silver delivery. At the prior spec margin of $6,751 for gold it already enjoyed leverage of 22.81 – 1, based on $1,540 gold. By decreasing margin requirements to $6,075 they have increased leverage another 11% to 25.35 – 1. This is totally irrational when you realize silver is mired in leverage of only 8.30 – 1, based on $35.85. Gold already had 315% more leverage than silver, yet by reducing gold margins further it now is a whopping 350% higher! This is even more absurd when you realize gold is only 2 1/2% off its all-time high, while silver is still 28% lower than its most recent top. Any CME talk of risk modeling is pure rubbish when leverage of 22 – 1 is increased further to 25 – 1, while silver is clamped at 8 – 1. All risk models must factor leverage ratios, and the CME has thrown that out the window in favor of protecting silver shorts.

I’m sure they think they can better control (and rig) the new spec interest coming into gold futures. There’s probably at least a few hedge funds dumb enough to pull out of silver in favor of gold. After all, they can buy 3 1/2 gold future contracts for every 1 silver contract. The CME just tipped their hand BIG time IMO, and they are pulling out all stops before the end of the month. When the silver market blows up it will then be obvious to all that the CFTC was nothing more than an illusion of enforcement, and in reality a PR division of the banking cartel.

Like the guy in the band Spinal Tap, whose guitar volume knob went to 11 instead of merely 10, my silver bullishness is now an “11″.

Related posts:

1. Är en ny höjning av marginalkraven för guld och silver på gång?
2. CME höjer marginalkraven för guld och silver igen och förvarnar kartellen om sina planer
3. Fokusera inte för mycket på teknisk analys för guld och silver
4. Hur skall JP Morgan kunna komma ur sina korta positioner i silver?
5. CME hjälper kartellen med YTTERLIGARE en höjning av marginalkraven för silver