Hope There Will Be Some Gold & Silver Left For Us!!

http://www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything

CME Goes To Collateral DefCon 1: Makes Maintenance Margin Equal To Initial For... Everything!?

The most important news announcement of the day was not anything to came
out of Cannes (as nothing did), nor from Greece (the merry go round
farce there continues unabated). No, it was a brief paragraph
distributed by the CME long after everyone had gone home, and was
already on their 3rd drink. It is critical, because not only is this
announcement a direct consequence of what happened with MF Global
several days ago, but because also it confirms one of our biggest
concerns: systemic liquidity is non-existanet. We confirmed interbank
liquidity in Europe was at an all time low earlier today,
and can only assume the same is true for US banks. But what is very
disturbing is that this is just as true at the exchange level, where it
appears the aftermath of the MF collapse is just now being felt. What
exactly was the announcement. Unless we are completely reading it
incorrectly, it is nothing short of a margin call for tens if not
hundreds of billions worth of product. Because as of close of business
on November 4, today, the CME just made the maintenance margin,
traditionally about 26% lower than the initial margin for specs, equal. For everything.
Which means that by close of business Monday, millions of options and
futures holders will be forced to deposit billions in additional capital
to the CME just so they are not found to be margin deficient, and thus
receive a margin call. Naturally, since it is very unlikely that this
incremental amount of liquidity can be easily procured in one business
day, we anticipate the issuance of hundreds of thousands of margin calls
Monday, followed by forced liquidations of margin accounts across
America... and the world. Just like when Lehman blew up, it took 5 days
for Money Markets to break. Is this unprecedented elimination in the
distinction between initial and maintenance margin the post-MF
equivalent of the first domino to fall this time around?

According to Bix Weir, "The
CME has upped margin requirements to 100% ensuring the total destruction of all
small and medium sized participants come Monday morning."

Unless this is some kind of mistake Clif High's prediction of "Rich Riots"
may hit soon after the COMEX destruction.

This is WHY I have told you to STAY OUT OF THEIR SYSTEM! They can, and will, change
the rules to save their own hides. The ONLY way to survive is with physical
gold and silver IN YOUR OWN POSSESSION!

Close your eyes to the price of gold and silver over the next few days/weeks.

ANYTHING CAN HAPPEN!

Clearly, the pending charges against JPM for silver manipulation has hit a nerve with
the banking cabal.

Buckle up my friends...our Road is about to get a little BUMPY!

For clarity...The COMEX change is raising the maintenance margin to 100% of the
initial spec margin. The effect according to Zerohedge.com...


"Which means that by close of business Monday, millions of options and futures holders
will be forced to deposit billions in additional capital to the CME just so
they are not found to be margin deficient, and thus receive a margin call.
Naturally, since it is very unlikely that this incremental amount of liquidity
can be easily procured in one business day, we anticipate the issuance of
hundreds of thousands of margin calls Monday, followed by forced liquidations
of margin accounts across America... and the world."

You know what that will most likely mean for silver...ANOTHER MASSIVE SILVER SLAM!
The ONLY institutions that can make these kind of margin deposits without
selling off assets are the big banks. VOILA...massive long silver liquidations.

On a brighter note, it is likely the LAST silver slam we will have to ride
out...EVER!

This is the END GAME of 40 years of computer price manipulation.

Expect it to get a little crazy.

WELL SAID!!!....Ive had that same theory for a LONG time.....It amazes me how once you have enough money to participate in the markets in a meaningful fashion you can just MAKE money appear out of thin air....I TRULY understand the pain of a margin call, having gone through a few myself, but to raise the maintenance requirement on a margin account to 100% is OUTRAGEOUS!!!!! Just imagine if your long on a losing position....Never mind if your LONG your whole portfolio and your LOSING!!!! All I can say is WOW!!! God bless em because its gonna be a blood bath if this comes to pass.....