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$1,391.7 gold futures

"All these limits are placed on the long side to "prevent a run...

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wrcmad

1,310 Posts.

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04/03/21

17:32

Post #: 51526371
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Originally posted by totoschillaci: ↑

All these limits are placed on the long side to "prevent a run of delivery requests". Got it! So these are only LONG SIDE limits whereas JP Morgan can initiate naked short positions ad infinitum with no limits to their position size...?

It's verified that they short the silver market up to somewhere between 3-6 months (from memory) of WORLD WIDE silver production in one single day on the Crimex. But there's no limits on these short positions even if the amount doesn't exist?

Gee Skol I thought according to you market manipulation in PMs was a "gold bug" conspiracy theory. Thanks for coming back and contradicting yourself.

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"All these limits are placed on the long side to "prevent a run of delivery requests". Got it! So these are only LONG SIDE limits whereas JP Morgan can initiate naked short positions ad infinitum with no limits to their position size...?"

No body ever said limits were long-side only.
COMEX definitely doesn't state this.
Your cognitive bias is the only one telling you this.

Last edited by wrcmad: 04/03/21
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