TYHEE GOLD CORP

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Message: Re: This might be it
2
Nov 05, 2011 11:35AM

"I absolutely cannot believe that mineset, howestreet, goldseek, gold-eagle et al have not picked up on the CME margin maintenance change."

Strike,

I think it's because Financial Sense already had their broadcast recorded by Friday.

Releasing info after market close on a Friday? Coincidince? Nope.

"It is nothing short of a margin call for tens if not hundreds of billions worth of product. Because as of close of business on November 4, today, the CME just made the maintenance margin, traditionally about 26% lower than the initial margin for specs, equal. For everything. Which means that by close of business Monday, millions of options and futures holders will be forced to deposit billions in additional capital to the CME just so they are not found to be margin deficient, and thus receive a margin call. Naturally, since it is very unlikely that this incremental amount of liquidity can be easily procured in one business day, we anticipate the issuance of hundreds of thousands of margin calls Monday, followed by forced liquidations of margin accounts across America... and the world. Just like when Lehman blew up, it took 5 days for Money Markets to break. Is this unprecedented elimination in the distinction between initial and maintenance margin the post-MF equivalent of the first domino to fall this time around?"

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