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Home>GoldWire>Silver: 'Banging the Close' of the Comex Session

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Silver: 'Banging the Close' of the Comex Session

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Jesse

Le Cafe Americain

Published : March 21st, 2012

140 words - Reading time : less than a minute

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FOLLOW : Cftc Comex Mf Global Price Action Silver

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Category : GoldWire

There was a fairly heavy-handed smackdown of silver into the close of the Comex day session.

Maybe four or five years from now the CFTC will do something about it as they did with the MF Global trader, who had been 'banging the market close' for a couple of years, when they wanted to show they were finally doing something about the markets.

Except he was just 'one of the usual suspects', and not too big to prosecute. And he was banging the metals up, which is counter to 'The Plan.'

Mind you, I'm not necessarily complaining. Just keeping the record straight, and making sure you all know about it so you can't say no one ever told you. And so when what happens, happens, you will know why.

Oh, you believe this price action?

And now, The Muppet Show.

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