Sunday, July 31, 2011

Here we go again. IB raises Silver margins.

Go ahead and stop delaying the inevitable. The quicker they all go 100% cash only trades on silver, the quicker we proclaim they have NO MORE FIREPOWER.

Volatility? WTF. Its been basing at $33-35 for 2 months. What volatility. IB just lost my account, I suggest an immediate withdrawal of all of your funds from Interactive Brokers immediately. This is uncalled for. Now I am mad.

15 comments:

  1. Holy fuck, I didn't think they would actually do it. Insanity. Someone suggested last week that we'd see margin hikes coinciding with debt deal announcements. This means the exchanges can't be too far behind. Fucking shitheads. Time for the insiders to rape traders yet again.

    ReplyDelete
  2. What a fricken Crock. Jim Sinclair warned us that they will keep raising margin requirements until 100 percent.

    He also said it won't stop silver from heading much higher. Time to be in physical.

    ReplyDelete
  3. lol
    I suspected this would happen, the news will claim all is well and the 'flight to safety' was an idiotic move.

    Well the good news, is they are becoming predictable.

    ReplyDelete
  4. Will be time to buy my friends. Though HKME may prop it up.

    ReplyDelete
  5. Public Perception Game

    Equities (Recovery) --> Shorts jammed @ open
    Gold/Silver (Tradition) --> Longs jammed @ open

    Carry on now, nothing to see here.

    ReplyDelete
  6. the guy who is right 99% of time according to himself was wrong again, Chappy said they would delay this debt thing a few months and reach no decision, he said this over and over the last month ... Hey, I listen to his broadcasts but he is someone I would advise to strain his hyperbole from facts.

    ReplyDelete
  7. At last! My feeling has always been that "trading" just encourages the bastards.
    If every independent person stops trading then they have no cover for their games.
    Just sit on your physical and watch them squirm.

    ReplyDelete
  8. Thanks SGS for the warning. I will be monitoring this closely. It's always good to be on the CME mailing list so you'll receive news of margin changes immediately.

    Colin, regarding Chapman, I basically found out years ago that this guys is a nutter. He sounds very serious but he is wrong time and time again. I can remember sometime in 2009 he was telling us he has word from the US embassies around the world that they were to dump their dollars and buy the currency of the country they were based in, meaning that a dollar collapse and bank holiday wasn't too far away and that we should get our money out of the bank. YEAH RIGHT YOU OLD NUT, THAT HAPPENED, DIDN'T IT.

    ReplyDelete
  9. wtf PMs just woke up with serious morning wood

    ReplyDelete
  10. SGS - I have been trading silver futures for a couple years using IB. I find it interesting that you just received that alert. I got the same thing a few months ago from them.

    When they did it initially my margin was raised to around $19,000 intraday maintenance. Over the past two months it's come down to $16,000.

    ReplyDelete
  11. Okay everyone. A deal has been reached, but NOT voted on. Has it been printed so the Congress can read it? Nope. What the hell else will be in this HR that no one will find out about until it's too late. I'll go on record right now to state that I don't think it will be passed today. I think Greenspan telegraphed it a couple of weeks ago. If I'm wrong, so be it.

    ReplyDelete
  12. Markus, at the time that possibility was very, very possible and was justified then and now. In this environment nobody knows short term what will happen. Anyone who steps out and makes a short term prognostication can be proven very wrong, no matter how knowledgeable and experienced you might be in the markets. When it comes to predicting manipulated markets and what the evil men who control the global markets might do is next to impossible, but ultimately the market can overwhelm them and the fundamental laws of economics will out in the end. You are way too harsh on this man who is infinitely wiser than you. If you are stupid enough to keep your money in a bank, other than what is needed to pay your bills, you sir are the fool, regardless and notwithstanding Mr. Chapman's short term warnings and suggestions to protect yourself within this insane monetary system.

    ReplyDelete
  13. sgs, help need info...my td account shows that tkrff has not opened...do you know anything about this...
    thanks
    freddi

    ReplyDelete
  14. Wow ben.roberts13, you're sound like a real tard. And probably a nutter too.

    ReplyDelete
  15. If IB truly sleeps with JPM, then consider this is a good thing. You have been told about the future and what is coming up. At least this time, you can say you have been blindsided. I personally would be surprised to see any margin hike on Silver. I thought HK is trading silver. And their prices are higher than CME. Anyone who has physical silver to sell would like to sell it there for better pricing. BTW, HKME HAS position limits unlike CFTC.

    ReplyDelete