ALERT: CME Raises Gold Margins by 25%

ALERT: CME Raises Gold Margins by 25%

Bix Weir

As if by design (wink, wink) the CME has just raised gold margin requirements by 25% on the CRIMEX.

http://www.zerohedge.com/news/2013-06-20/cme-hikes-gold-margins-25

Thus all the weak hands in gold (if there are any left who play in the commodity pits) will have to fork up their position to JP Morgan and friends.

No doubt they will do something similar in SILVER in the coming days.

It's so easy to make money in a rigged casino when you run the rigging!

Stay alert and on the sidelines.

Bix