Gee, what a surprise. The CME hiked margin requirements on gold futures exchange contracts again, further knocking down prices, and flushing out weak, leveraged longs. I'm not prescient. The status quo is just predictable.
http://www.zerohedge.com/news/and-theres-your-perfectly-leaked-explanation-cme-hikes-gold-margins-again-time-27
Wednesday, August 24, 2011
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