Today we witnessed another raid orchestrated by the bankers. They generally wait until the physical markets, in London are put to bed before they strike.
Last night, I told you that the Comex initiated a 3rd margin increase as the bankers were scared out of their minds as to the huge demand for silver metal.
The on top of that, the bankers called on additional support by the brokerage firms as it was necessary for the bankers to try and force as many longs as possible to pitch their positions so the bankers could cover their short position. Please pay special attention to the following announcement:
Message from Interactive Brokers to clients:
To NYMEX,NYSELIFFE traders:
Tue May 3 04:38:47 2011 EST
In light of the recent extreme volatility on the silver contracts, the various exchanges that trade silver derivatives are expected to increase margin requirements on these contracts. As the increase is anticipated to be approximately 20%, we will be requiring an additional 25% cushion of margin on top of the exchange-mandated maintenance margin requirement. We anticipate this change will become effective as early as 12pm EST on 3 May 11.
For example, for the SI futures on NYMEX, as the expected NYMEX-mandated margin requirement will be US$12,000 for each contract, we will be requiring US$15,000 maintenance margin for each contract.
To anticipate the sudden increase in these margin requirements, our initial margin requirements on the affected contracts were raised to 180% of current maintenance margin levels. The aim of this preemptive change is to avoid adverse impact from the expected maintenance margin increase. Thank you for your understanding.
-END-
Tue May 3 04:38:47 2011 EST
In light of the recent extreme volatility on the silver contracts, the various exchanges that trade silver derivatives are expected to increase margin requirements on these contracts. As the increase is anticipated to be approximately 20%, we will be requiring an additional 25% cushion of margin on top of the exchange-mandated maintenance margin requirement. We anticipate this change will become effective as early as 12pm EST on 3 May 11.
For example, for the SI futures on NYMEX, as the expected NYMEX-mandated margin requirement will be US$12,000 for each contract, we will be requiring US$15,000 maintenance margin for each contract.
To anticipate the sudden increase in these margin requirements, our initial margin requirements on the affected contracts were raised to 180% of current maintenance margin levels. The aim of this preemptive change is to avoid adverse impact from the expected maintenance margin increase. Thank you for your understanding.
-END-
Just go and buy the physical silver from your local dealer or bank. This is what will kill the bankers game.
More Here..
I agree. All other options are useless. As slaves, voting for one puppet vs another is a waste of time as is 'protesting' and other futile endeavors.
ReplyDeleteAs one person the only thing you can do to try and trip up the money masters is buy physical silver.
While the sheeple celebrate the execution of a ten year old corpse, get on Apmex, do your part.
Wars for saving the oil backedFiat Dollar hegemony system by fighting gold ?
ReplyDeletePosted at the Daily Bell:
“Plans for attacking Muammar Gaddafi apparently go back some 20 years, and even US President Ronald Reagan tried to kill him, deeming him a threat to America power. The latest attacks are in keeping with the larger wave of aggression initiated by the Anglo-American power elite that is on to the next stage of its implementation of the "new world order."…
… But there may be another reason for the Libyan attacks that explain their timing. According to a Russia Today news story, for which I was interviewed (See – Real Cause for Gaddafi's Expulsion: Wanted Gold Currency?), Gaddafi was planning to introduce a gold dinar – "a single African currency made from gold, a true sharing of the wealth."
The idea, according to Gaddafi, was that African and Muslim nations would join together to create this new currency and would use it to purchase oil and other resources in exclusion of the dollar and other currencies. RT calls it "an idea that would shift the economic balance of the world."
It was not a democratic perspective in the sense that a country's wealth would revolve around gold and its population. But that's how modern money works. The current dollar reserve system benefits the US. In Gaddafi's case, as he held some 144 tons of gold against a fairly small population, a gold dinar would prove a most powerful currency.”
See the full story @
http://thedailybell.com/2228/Gaddafi-Planned-Gold-Dinar-Now-Under-Attack.html
Coomon sense how can physical gold be in such short supply and the price drop like this? BIG TIME MANIPULATION ... the Comex silver price and physical silver price may soon separate.
ReplyDeleteIt might be a good idea as soon as Silver settles down to its low then buy as much as you can which might be today May 5 or tomorrow May 6.
Apmex is pretty much sold out of Silver. Nothing except Apmex brand silver bars.
ReplyDeleteIt's appallingly obvious what's going on, keep your PMs close, I advise to all not to tell too many people what you've got, u never know...
ReplyDeleteRothschild Inc should be shot at dawn or earlier and vast majority of the worlds woes would evaporate quite quickly, BUY SILVER!
It's as good a shot we are ever going to get at flaying and salting the bastards
It sounds like they are getting desperate because--according to Thursday's article--these dealers are selling silver they don't have. It's paper trading, not trading in actual physical silver, and apparently these thieves are leveraging 90 to 1...meaning they are selling 90 ounces of silver on paper for each one ounce of silver they actually have. I've read elsewhere that buyers are now demanding delivery of the silver they bought on paper and the sellers are freaking out.
ReplyDelete