Stock Market down due to inflation worries...and PM tank with it...

dlimb2

Does anyone agree with manipulation!

RedneckHB

Not manipulation.

If inflation continues to run then the FED will be forced to keep raising rates. As rates go up the dollar continues to look attractive against other currencies. There is still a 110 basis point difference between long term US debt and long term German debt. You are getting paid for increased risk. The dollar is bouncing quite strongly today, hence the weakness in commodities.

RedTiger

Wednesday before option expiration is often volatile because of the unwinding of futures, options, and options on futures. Used to be on the Friday expiration, but some changes in settlement terms often means it occurs two days early. It isn't manipulation, but it isn't a pure market of stock investors and traders only. When there is news that is sufficient to move the markets, it can brew up a perfect storm and increase the volatility (up and down).

Longacre

I don't know what the reason is, but I know that I lost millions over the past few days.