Loading ...Re margins
This time may be the ultimate squeeze…as during the Hunt run, the Hunts bought on margin, so they could be forced out, by raising margins and they were, they just couldn’t get the money in fast enough and of course there was a load of pressure to stop their backers, in the ME to stop the game…..Moccata was one US bank, that was days from going bust, as they had shorted all the way up….I was told that by someone who was in Moccata.
This time the shortage is for Physical metal and the price is still relatively cheap, having been suppressed for decades….. so it maybe much harder to to stop the run…….
However some of the price run, is tks to Tariff worries , if those are cancelled, we may see decent sell off.