cme increases margin requirements to 100%

I suggest everyone in gold and silver read this, choose whether you believe it or not and make up your strategy before the Comex opens Monday night Aus time in NY.

I am out of the market at the moment but if I was in I would take a precautionary position to liquidate for a day or two to see what may pan out.

You may risk losing a 2-3% gain over the period you are out but you could prevent major short run losses by liquidating.

If you liquidate you will be in a great position to buy back in.

http://www.goldstockbull.com/articles/cme-increases-margin-requirements-to-100-and-its-gone/

http://www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything

Think it over and make the best decision for your own personal position.