CFTC Fines Banks For Precious Metal Price Manipulation
- CFTC Fines Banks For Precious Metal Price Manipulation
by Turd Ferguson, https://www.tfmetalsreport.com/
Hmmm. I wonder how System Apologists like Moriarty, Christian, Hug and Weiner will try to spin this one?
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In order to get this information out as quickly as possible, we’ll save the price implications for later. But just today I saw this posted at Silver Doctors. I only post it here as a demonstration of typical Apologist garbage: https://www.silverdoctors.com/gold/gold-news/keith-weiner-weve-debunked-the-gold-silver-manipulation-claims-many-times/ So, given what you’re about to read, will that author soon print an apology and retraction? Don’t hold you breath.
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Late Friday, reports hit Reuters that the CFTC would soon levy fines for “spoofing and price manipulation in the futures markets”. Well, just a few minutes ago, we got the news release. You can read it all here:
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http://www.cftc.gov/PressRoom/PressReleases/pr7681-18
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However, to save you some time, here’s the most important section:
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read more.
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