~*~Mining and Metals Du Jour~*~

[JD400]

Why is CME Reducing Margins Into a Rising Gold Price?
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by Kinesis Money

Tuesday, May 25, 2021 - 4:50


In this week’s Live from the Vault, Andrew Maguire breaks down the CME’s seemingly counterintuitive decision to reduce margins into a rising gold price, and shares price expectations for gold and silver ahead of this week’s BIS options expiry.

The precious metals expert targets the crucial stairsteps for gold and silver amidst the current volatile mix of a strong dollar and rising bond yields, and offers a marketwide update with Basel III fast approaching.

Turning to the silver squeeze, the long-time wholesaler runs through the knock-on effect of Reddit-driven physical silver demand forcing discipline on the 500:1 leveraged paper markets.

00:52 What’s driving recent price action?
02:58 Basel III fast approaching!
07:00 Short term outlook for gold
09:40 Why is CME reducing margins into a rising price?
13:02 How is the silver market affected?
16:03 What to expect ahead of the BIS options expiry?
21:46 Wall Street Silver targets 500:1 market

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