Express News | Iran claims to have launched missiles at the US Navy's USS Lincoln aircraft carrier.
Express News | US Feb. Non-Farm Payrolls -92000 Vs +59000 Forecast, Prior +126000; US Feb. Unemployment Rate 4.4% Vs 4.3% Forecast, Prior 4.3%
“No one trusts Comex anymore,” top commodities expert: I’m betting on silver to reach $500!
COMEX silver inventories have fallen below 90 million ounces, and 'pulling the plug' has become commonplace. A major commodities figure stated that the credibility of Western exchanges has collapsed. In 2021, his call for '100-dollar silver' was criticized as absurd; now, he is saying '500 dollars.'
Express News | Gold may post its first weekly decline in five weeks as expectations for interest rate cuts wane, overshadowing safe-haven demand.
CME Group has lowered margin requirements for gold and silver, with gold decreasing from 9% to 7% and silver from 18% to 14%.
CME Group announced that it will reduce the initial margin requirement for its COMEX 100 Gold Futures from 9% to 7%, while also lowering the initial margin for COMEX 5000 Silver Futures from 18% to 14%. CME Group stated that the new margin requirements will take effect after the market close on March 6, 2026.
Materials Down as Dollar Rises - Materials Roundup