Tuesday, May 10, 2011

Bob Chapman : The HKMEx will end the COMEX Monopoly

Bob Chapman - RADIO LIBERTY - 05-09-2011



Bob Chapman : so what has happened is the CME which controls the COMEX , they increased margin requirements for those who are on margin because they borrow money to buy their positions and the margin was about $9500 they jacked it up 5 times ...they were successfully able to arbitrary blowing all the small and medium size players out of the market , it was total manipulation ...the Hong Kong Mercantile Exchange is going to end the COMEX Monopoly

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