Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Silver: 'Banging the Close' of the Comex Session

IMG Auteur
Published : March 21st, 2012
140 words - Reading time : less than a minute
( 4 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
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.



 

 

Companies Mentionned : Metals X |
<< Previous article
Rate :Average :5 (4 votes)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.