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View Full Version : The shorts just got blown up....huge margin calls inc....



Zeus
19th November 2010, 16:14
Your silver contracts for this month were rolled over at around 23 bucks an oz....

Every single contract now will have to come up with the cash for the margin of 27.38.....

By my guess....Jpmorgan will have a margin call of around 50 billion.......

hsbc will have a margin call of around 30 billion........

goldman sachs will have around a 11 billion margin call.......

haha they are all going down, they will crash and burn like nothing the world has ever seen :)

Matthew Shelley
19th November 2010, 16:32
Your silver contracts for this month were rolled over at around 23 bucks an oz....
Every single contract now will have to come up with the cash for the margin of 27.38.....
By my guess....Jpmorgan will have a margin call of around 50 billion.......
hsbc will have a margin call of around 30 billion........
goldman sachs will have around a 11 billion margin call.......
haha they are all going down, they will crash and burn like nothing the world has ever seen :)

Futures contracts are marked to the market daily. A clearing house either pays to or collects from the exchange every single trading day. Margin calls are given immediately to all accounts. To "guess" at a margin call, all you need to look at is today's net change. Where the market was a month ago is not what you would look at in a margin call situation. If margins are not met immediately, the exchange can force liquidation.

Matthew C. Shelley
Commodity Broker

As always: Trading in futures and options is very high risk investing. You can lose all or more of the money you invest. Only risk capital should be used.

Irishfan1
19th November 2010, 17:16
You said they can force imm liq. Do they have to and would they to their JPM buddies?

Cup-of-Ruin
19th November 2010, 17:20
So it's approx. $100 billion a month for the 'bullion' banks just to attempt to keep the price of Silver down, and even then they fail miserably!