ProShares Ultra Silver (AGQ)

[Montanore]

CME Hikes Silver Margins By 17%: 4th Hike In 8 Trading Days

Nobody could have foreseen this. Nobody. At this point there is nothing left to comment on what is a concerted action to "mitigate" any and all risk in the commodity market but could as well be classified as executive order 6102.5. While we were joking before that soon one will have to post more cash than an silver contract is worth, we are now forced to reevaluate this sarcasm.

I guess the short bankers will have the CME raise rates on nearly a daily basis until they can cover. How fortunate for them that they can rig the game in their favor so easily.