Sunday, November 6, 2011

Silver Update- Margin Chagrin

BrotherJohnF is back with his latest Silver Update- Margin Chagrin
BrotherJohn discusses the differences between initial and maintenance margins for newbies, and discusses this weekend's bipolar announcements (we're raising maintenance margins, no wait-we're lowering initial margins!) by the CME.
BrotherJohn believes that the alternative media's reporting of the initial announcement actually impacted the CME's decision- that they actually did intend to raise maintenance margins until the alternative media's reporting of the issue forced the CME to backpedal and instead lower initial margins instead.
Also included is another TA analysis of silver- and yes, BrotherJohn is still predicting $100 silver and $2,200 gold by the end of the year.