It seems to me with the halt in gasoline and crude. The government has a hot new weapon in its arsenal.
Raise margin and kill commodities rallies. You can bet as we get into deep presidential campaigning, you will see a lot more of government intervention.
You don't win re-election on $4.00 gasoline.
He won't allow drilling or mining.
His people probably got the idea from .... drumroll .... China!
Thats what I was thinking, seems like less speculation will only help Silver/SLW in the longer term. This was bad for us because it happened so abruptly with out warning on a Sunday evening, but in the long run it should offer more stability here.
The Fed is not part of the government. It is owned by a cartel of international bankers. The Fed does not work for the U.S.. The Fed works for its owners. The Fed wants people to believe it works for the government. Uninformed people help them spread the lie.
Silver Wheaton has no currency risk. They can sell their silver in any type of currency they choose.
Look what happened when the state tried to control gas prices in Hawaii recently. Gas lines and shortages.
China is gonna pay for it.....Hmmmm SLW to sell silver contracts to the Chineese Comex soon? For much better pricing? they won't get the business if prices are lower...producers will sell where they get the most value and use the strongest currency to their advantage.
... to meet the high margin requirements will be able to trade.
Which means that the markets will be less liquid, prices will be suppressed, and the physical commodities will wind up in the hands of the rich and powerful.
Sounds good to me.