Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category
Dovish CPI: A Super Surge For Gold? Stewart Thomson The Anti-Concepts of Money: Conclusion Keith Weiner Gold Stocks: Good Times Are Here Stewart Thomson Gold Price Reaction: Key Zones To Buy Stewart Thomson Gold Stocks: A Pause With Grace Stewart Thomson

S W
Member since May 2012
668 commentaries - 5 followers

5 followers

has posted a comment on the article :

The CFTC Silver Investigation

- Theodore Butler - Butler Research

So the BPR of Aug 2008 shows 2 banks holding obscenely large short position of 30% of the entire COMEX market.
The way I read that is therefore the other 70% of the short position is held by other banks and whoever that believe that the price of silver is going down.
Obviously the SHORTS have sold to banks/players who believe the opposite that the price will go up.

So there is a battle going on and it seems to me that the only issue here is why a couple of banks can have such a large short position. Are there no rules re position limits?
If so, then they should be enforced. If not, introduce them.

I should imagine that the grumblers on this so called and maybe remotely true silver price manipulation would be extremely happy if 2 banks were holding an extremely large and obscene 30% of the long positions.
Further I should point out that Silver almost trebled from Jan 04 to Dec 08 (report period?), and almost trebled again till April 2011 ???

Commented 4283 days ago

Send

Beginning of the headline :There has been an explosion of interest and commentary these past few days as a result of a front page story in Monday’s edition of the influential Financial Times (of London). The story stated that the CFTC was set to drop its four year investigation into alleged silver price manipulation due to insufficient evidence to bring charges, according to three unnamed sources... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis