Wow what logic. We need to increase margin calls to reduce the risk to investors and reduce volatility. So what do we get? A waterfall plunge from nearly 50 to a 35 in FOUR days.
Can anyone point out anywhere else in a free and open market where the market intercedes and attempts to 'cool down' the market and reduce risk & volatility for investors (which ones - certainly not the ones who held since $8)??
I'd like it if the TSX would please do something to affect the volatility of ECU shares and reduce the 'risk' we've seen. Or, you know, investigate the obvious fraud? I mean where silver jumped 50% in a month or so, we dropped about the same in a manner of days? Where are the investor police when we need them?
Seriously, talk about an f'n rigged game. It doesn't get more blatant or more criminal.
The problem they will face is that we will adjust. We will continue to mistrust toilet paper currencies and we will continue to accumulate (even more so at reduced prices). What happens when the margin becomes 100% of the contract or ECU hits 0?? There are physical limits to both the prices of shares and the availability of the commodity. They can't defy mathematical certainty can they? Don't bet on it. Introducing 150% margin calls and negative numbered shares where ownership costs you a monthly fee... anything to make the toilet paper attractive.
Our day will come. I believe sincerely that it will be much faster then the criminals anticipate.
Soul