Explained by me in countless posts over past two weeks. Protests to the contrary are bullchit. The pop in speculative highly margined futures K is being squelched. The market mechanism the exchanges is acting like a market maker. Theyre puttingtheir thumbs all over the roulette wheel to control the parabolic rise heralding the end of fiat just like 1981. Only this time it is everybody who believes specie is money.
What is significant is, the last round of pops in requirements is AH 9 MAY.
So curious how our well-paid overlords work. Couldn't see the bubble in tech stocks. Couldn't see the bubble in real estate. Hmmm. But could see the non-existant bubble in silver -- not oil nor any other commodity -- just silver.
We've paid our money. And we're getting our buck's worth!
DO THEY THINK WE ARE ALL, I REPEAT ALL, THAT FRACKING STUPID?????
I see no reason to allow margin buying period in commodities or stocks. Get rid of it completly and there wouldnt be such volitity in the first place. Secondly this is collusion and manipulation. I say round them up and harvest their body organs for donation.
The problem is not a realistic margin. When there is only a 5% margin then that is for the gamblers. They have no interest in physical and could never take delivery. Let them have their casino but separate it from the physical market.