This should boost the price of silver!
derryb
Posts: 36,793 ✭✭✭✭✭
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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CHILTON ON NEW CFTC AUTHORITIES:
"These new authorities, along with the implementation of thoughtful position limits in metals will go a long way toward ensuring more efficient and effective metals markets devoid of fraud, abuse, and manipulation."
What is the definition of "thoughtful position limits"?
I'm hopeful but it sounds like 'lawyer talk' to me ("...long way toward ensuring more efficient and effective...").
roadrunner
<< <i>There is a lot more to this story than what is being revealed. The corruption runs very deep in this country! >>
Business as usual. Learn how it works and profit from it! When I quit trying to fight it and started to ride it I started making money.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
On the heels of yesterday's CFTC admissions, comes a pair of lawsuits against JPM and HSBC for silver conspiracy.
Could help the price of silver which has been hanging much better than gold in this shakeout.
roadrunner
<< <i>Was good for a nice rocket boost today. But tomorrow is expiration and they should be able to kick silver one last time.
roadrunner >>
Great call RR ... If there is a time to buy silver, we still have a small window.