Their was increase in margin requirements announced Friday evening for Comex contracts. It will take effect Monday at closing. As a result, there will likely be another early drop in the price of the metals Monday.

After everyone that needs to has reduced their position size the markets will likely settle out and those who are short will begin covering their positions. That will probably mark the bottom for this illegal, collusive, shakedown authorized and assisted by TPTB.

Years ago the Comex, at public insistence, announced an investigation in these markets. They have never announced their conclusions. No one will ever be called to account for what has been routinely and repeatedly done.

Aren't human governmental systems wonderful?

P.