Silver and gold crashed because the exchanges raised the margin requirements forcing Calls to sell and as the price dropped they had to liquidate their positions.
Then the limits started getting hit forcing more selling and liquidation.
The game is rigged and controlled by the exchanges who have inside information. If you play, don't use leverage.
This is stupid.
Silver and gold crashed because the exchanges raised the margin requirements forcing Calls to sell and as the price dropped they had to liquidate their positions.
Then the limits started getting hit forcing more selling and liquidation.
The game is rigged and controlled by the exchanges who have inside information. If you play, don't use leverage.
Who runs the exchanges?
The City of London runs the exchanges.