- 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?
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.
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:
However, to save you some time, here’s the most important section: