what are they saying about 2013, page-29

"I notice without much fanfare that the CME has lowered the cost of going long on paper gold by 9% or more important the cost of keeping the gold price contained by going short by using paper contracts has been made more attractive."


Andy, it was just 12-18 months ago that the exact opposite was argued here by the conspiracy gang.

For the peddlars selling this stuff, it's a no-lose situation for them. If CME reduces margins it's a conspiracy, if they raise margins its a conspiracy too.

Timber has done a great job explaining CME's rationale and debunking such nonsense.