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<p>[QUOTE=&quot;desertgem, post: 1270581, member: 15199&quot;]The only people directly affected by the margin levels are those who were holding large quantities of contracts, as the volatility increased. They were margined to their pocket change and had to sell contracts quickly, or other margined accounts such as their forex deals, might have to be let go. So they sold.</p><p><br /></p><p>If the margins had been raised and the price range was a <b>true indicator</b> of current desire by others, the contracts would have been absorbed with small to minor drop.&nbsp; However, the price range was drastically inflated by speculation and few stepped up to buy it, so the price dropped until someone would buy a small amount and then drop more as there were few buyers and many retail holders ( us) had their stop losses on GLD and other ETFs broken and the downward &quot;crash&quot; continued until some finally supported the low level.</p><p><br /></p><p>Perhaps it oversold, but there is much less speculation in the price now. Is it over? maybe, but probably not unless the US messes up the dollar at this point.&nbsp; If a person is 100% sure <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> it will go up, now is a time to buy. However, I would recommend waiting for at least a 33% + retracement over todays price loss before buying any. At least that way you have a level above a resistance level. IMO.[/QUOTE]</p><p><br /></p>

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