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Old 08-10-2011, 05:00 PM   #326
Meck77
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Join Date: Sep 2002
Posts: 16,634
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Breaking news....Gold powers on despite increase in margin requirements.

http://www.marketwatch.com/story/cme...ing-2011-08-10

Still trading up in Asian trading as we speak. 5pm Mountain Time

*edit* Ok they were successful is slowing this baby down. http://af.reuters.com/article/metals...110811?sp=true

I suspect this will be the first in a series of margin hikes much like silver had back in May. Might be some time to get on the gold train if you haven't.

Last edited by Meck77; 08-10-2011 at 11:55 PM..
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