Iāve been trading futures for 20 years Iāve seen volatility, crashes, short squeezesāeverything.
But what the CME just did?
I have never seen anything like this.
A second massive margin hike in the same week on major commodities?
Thatās not ārisk management.ā
Thatās a panic button.
Read Notice #25-399 yourself.
Effective tomorrow, January 2nd:
ā Silver: Maintenance Margin from $25,000 ā $32,500 (+30%)
ā Platinum: +25%
ā Palladium: +22%
When the Exchange jacks up margins this aggressively, it means one thing:

Theyāre forcing liquidation.
Funds and retail traders run on leverage.
If you suddenly demand an extra $7,500 per contract overnight, people are forced to dump their positions just to stay alive.
This isnāt about ārisk control.ā
This is about killing upward momentum and manufacturing a sell-off.
Meanwhile, physical silver is trading around $95+ in some marketsāfar above the paper priceāputting enormous pressure on the big players holding short exposure. Without intervention, theyād get blown out.
So the Exchange steps in to protect the āHouse.ā
Make it insanely expensive to stay long.
Give the naked shorts breathing room.
Same old trick.
This is exactly the playbook they used against the Hunt Brothers in 1980.
Rule changes mid-game.
āLiquidation Only.ā
Margins through the roof.
It broke the market then.
Theyāre trying to break it now.
Moves like this donāt happen in a healthy system.
This is a sign of serious stress at the clearinghouse level.
If youāre still trading paper, remember:
Youāre fighting a rigged casino that rewrites the rules the moment the house starts losing.
And just like Iāve done for the past decadeācalling every major top and bottomā
when I make my next move, Iāll post it here.
If youāre not following yet, donāt say I didnāt warn you.