Trade the Cycles

Saturday, September 20, 2008

"Comex Raises Margin Rates on Gold Contracts by 47%, Silver 20%"

"Comex Raises Margin Rates on Gold Contracts by 47%, Silver 20%," see http://www.bloomberg.com/apps/news?pid=20601012&sid=a6TkCUg_VQjI&refer=commodities.

Part of the article:

"The margin rate for Comex members advances to $5,500 a gold contract from today, from $3,750, the exchange said in an e- mailed statement late yesterday. The new rate for non-members is $7,425, from $5,063. One contract represents 100 ounces. "

.......http://www.JoeFRocks.com/


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