Recevez notre Marketbriefing
In the same category
overtheedge
Member since May 2012
680 commentaries - 6 followers
6 followers
has posted a comment on the article :
>Stuck Inside of the CME with the COMEX Blues Again - Jeffrey Lewis - 
"Prices are not going to move up from here until the paper pushers who control prices via the exchanges find a way to profit from it."

The markets have always been manipulated and the "paper pushers" have long known how to profit from a rising price.
Two general mechanisms are available.
Volatility and trend.
Now add the common investor (poor gambler) and their propensity to over-leverage a buy high-sell low strategy.
And then blame the manipulators for the gambler's inability to make money in the market.
They can't make money playing by the same rules, so they demand the rules be changed and the successful players penalized.


Commented
3516 days ago
-
Send
Beginning of the headline :Precious metals prices remain range-bound over the short-term after a devastating three year run.From a technical standpoint, it doesn't look great; we are stuck in this limbo of tightly controlled price limbo while the world continues to melt apart for the 99.9%.COMEX positioning for the big banks and speculators has not changed that much over the last few months.JPM's short remains at around 50 days of world production.In fact, these spec longs who have been hanging in throughout may be the re... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles