Bob Chapman The CME raised the margin requirements for silver 5 times in 6 days

Bob Chapman - The Free American Hour - 05-06-2011

Bob Chapman : the treasury department sent out people to talk to the heads of brokerage firms that do commodities in a big way and they old them that they anted them to recommend that commodities be sold a the same time the treasury had the CME which owns the COMEX which where the futures are traded gold and silver and beans and corn and so on , they changed the margin requirement that happens from time to time but in six days they changed it 5 times...classic unbelievable illegal manipulation

Bob Chapman : The CME wiped out all the small investors

Bob Chapman : The CME wiped out all the small investors



Bob Chapman : the recent silver pull-back , a total manipulation with arrogance it's incredible they do anything they want to do , they raised margin requirements from $9000 to $21000 in five days ! unheard of !!! then they contacted all the large commodity houses and said we want you to recommend the people get rid of their positions on the long side of the commodities an particularly in gold and silver and we want you to double the margin requirements so the $21000 that would be $42000 , there is no small investor that can handle that so they are all wiped out , the market is totally rigged says bob Chapman of The International Forecaster