Strongman on the Unhived Mind!

So you know there is a massive currency control now in Argentina and we can´t buy foreign currency or gold freely.
I created this thread about it:

http://www.godlikeproductions.com/forum1/message1878992/pg1

NOw a very popular site which is a network of researchers have published my article about this:


http://theunhivedmind.com/wordpress/?p=32653.

I am a subscriber of them months . I keep track with rare news and uncesored news. I thank them to publish my article now.

I recommend this website as one particular one to collect uncensored news from all over the world.

JP MORGAN CEO saying gold is a good investment

We have more credit exposure than other people, and we think when we put that credit exposure on, it was actually very good,” said Dimon, 56. “We bought some triple-A securities that we think are as good as gold.”


Stop the US anti-gold propaganda. THey are hoarding it in secret

http://www.bloomberg.com/news/2012-05-22/jpmorgan-veered-from-hedging-practices-at-competing-banks.html


thanks to sherrie.


http://sherriequestioningall.blogspot.com.ar/2012/05/did-you-catch-what-jamie-dimon-said.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+SherrieQuestioningAll+%28Sherrie+Questioning+All%29&utm_content=Google+Reader
 

EURO CRISIS -dangerous for commodities

Guys be careful. The euro crisis is continuin throughout June.

This looks really pro dollar ( Anti euro ) for the short term

I would be wary of investing in commodities. Even with a nice bounce by gold ( technical bounce)

be careful.

Hoard phyz for the long term. not the short term.
I expect more and more volatility and even a bit lower prices for precious metals . This will be a massive great buy oportunity.


Prepare for the storm!

Bringing down metals to buy it more. Banks and governments need money printing badly

if they send silver to 26, buy it with both hands.


remember the previous alert when silver was 30

Thread: SILVERTARDS ALERT: COMEX raising margins again . Effective date: May 7,2012. Silver now weak ready to go below 30 U$S per oz. looks weak


they need to print lots of money for 2012: for banks and governments.


google:

Big banks face $638 billion shortfall on new rules


google european banks shortfall 2012


they need so mucho money so they are covering short positions while pressuring metals to the downside.

if silver goes to 26 and gold to 1500 buy it with both hands.

discussion:

http://www.godlikeproductions.com/forum1/message1864953/pg1

RED ALERT. COMEX RAISING MARGINS AGAIN

ragraph.)

May 3 (Bloomberg) -- CME Group Inc., the world’s largest futures exchange, is raising futures margins for non-hedged accounts from May 7 to comply with new regulations.

Members will be treated as speculators for outright positions, paying a higher margin, said the exchange, which trades everything from energy, agriculture and metals to interest rates and equity indexes. Members are currently treated as hedgers rather than speculators even if they are entering into a speculative position.

President Barack Obama last month urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and greater power for regulators to increase the amount of money traders must put up to back their bets. Regulators are seeking to limit speculation in commodities and ban so-called proprietary trading at banks.

“Guys that are highly leveraged would have to find more capital or they’ve got to bring their position-size down,” Adam Davis, a commodity trader at Merricks Capital Services Pty, said from Melbourne today. “You can reduce a position-size in two seconds. Finding more capital might take you two months.”

CFTC Rule

The change in so-called performance-bond requirements was in response to a rule adopted last year by the Commodity Futures Trading Commission targeting all speculative trading accounts that are regulated as futures or swaps, the Chicago-based exchange said in a statement yesterday.

Commodity regulators are seeking to provide clearinghouses with a cushion of available customer collateral to reduce risks in derivatives trades. Exchanges traditionally have drawn a distinction between hedging and non-hedging positions when they have set margin requirements for customers, the CFTC said in its final rule, scheduled to take effect May 7.

“It is reasonable to assume that hedgers may present less risk than speculators,” the agency said in the rule.

About 40 percent of CME Group’s first-quarter revenue was generated by financial contracts and 40 percent came from commodities, the company said last month. The largest financial contracts by revenue were interest rates at 21 percent, with equities at 13 percent. Energy contracts were the largest among commodities at 24 percent, with agricultural at 11 percent.

Complying with the CFTC rule will affect exchange members that have speculative positions, including traders who lease trading privileges, said Laurie Bischel, a CME spokeswoman.

Higher Margin

“The CFTC rule takes away the implicit hedge status of members, forcing them to pay a higher margin to take flat price and spread positions home overnight,” said Roy Huckabay, the executive vice president for the Chicago-based Linn Group, a CFTC-registered futures clearing firm for individual traders, hedgers and funds. “This would by nature reduce the number of contracts they trade unless they put up additional collateral.”

The CFTC approved regulations last year that would cap the number of contracts a derivatives trader can have. European regulators are also seeking limits on derivatives after French President Nicolas Sarkozy demanded steps to curb speculation, which he blames for driving up world food prices.

Trade associations representing companies including JPMorgan Chase & Co., Goldman Sachs Group Inc. and Morgan Stanley have sued to overturn the CFTC regulation, one of the financial industry’s highest-profile challenges to the 2010 Dodd-Frank law that bolsters regulation of derivatives.

Price Drop

“If large trading houses have long positions, they may pare some of those positions to meet these margin requirements, and that would drop the prices,” said Rich Ilczyszyn, chief market strategist and founder of Iitrader.com in Chicago.

Crude-oil futures for June delivery fell 2.1 percent to $103.04 a barrel at 11:45 a.m. on the CME’s New York Mercantile Exchange, after dropping to the lowest price in more than a week. Gold futures for June delivery slid 1 percent to $1,636.80 an ounce on the CME’s Comex in New York.

Obama has asked Congress to fund a six-fold increase for surveillance and enforcement staff at the CFTC to put “more cops on the beat” overseeing oil markets. He is seeking to give the CFTC authority to raise margins for traders’ positions and stiffen civil and criminal penalties for businesses guilty of manipulation to $10 million from $1 million.

“Basically, we don’t see any impact on the market from the latest revision,” said Richard Gorry, a Singapore-based director at JBC Energy GmbH, an energy research company. “There might be some smaller players that could be forced out of a trade more quickly, but we don’t think that it will have any type of meaningful effect on the big boys.”

Because the rule affects only exchange members, “the impact on the market is relatively minimal,” said Kyle Cooper, the director of commodities research at IAF Advisors in Houston. “Members trade, but they are still small in relation to the whole market.”

--With assistance from James Poole, Ann Koh and Luzi Ann Javier in Singapore, Silla Brush in Washington and Moming Zhou in New York. Editors: Steve Stroth, Millie Munshi

http://sfgate.bloomberg.com/SFChronicle/Story?docId=1376-M3ES2T1A74E901-6K7AQ82T1PFPODDEFGD66M9F42

© 2011 Hearst Communications Inc.

MASSIVE ARRESTS AGAINST G7 CENTRAL BANKS?

read the thread:

http://www.godlikeproductions.com/forum1/message1855271/pg1