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Margin Requirements Increased by 25%
Posted: Sun Jun 23, 2013 7:34 pm
by buddtholomew
Re: Margin Requirements Increased by 25%
Posted: Sun Jun 23, 2013 10:32 pm
by Ad Orientem
It's certainly not good for the price of gold near term. But long term it could be a wash as it will make it harder to drive down the price of gold by manufacturing a situation that creates lots of margin calls. And as someone who is deeply opposed to trading on margin at all, I am not exactly unhappy with this development. Indeed a number of countries have (wisely) severely restricted trading on margin.