I’ve been saying on this site for a couple of years now expect the CME to raise margin rates as part of the tools they use to keep the price of silver from rising. Weak, leveraged hands panic and sell. Today, as the SLA keeps buying, and as they keep raising the margin rates, we are witnessing something truly incredible. Since the SLA owns silver for political reasons, not trading outcomes, at some point, the majority of silver owners around the world will be 100% cash owning physical silver owners – and this then becomes a de facto precious metal standard guaranteed to destroy the dollar (as the world reserve currency). By trying to protect the dollar, the regulators are backing into a silver and/or gold standard. To the millions of SLA members around the world, keep spending $5, $10, whatever loose change you have on silver rounds. The dollar is a dead currency walking. We are headed for a global political revolution ending with silver and gold as the dominant medium of exchange.