GOLD 0.51% $1,391.7 gold futures

cftc to investigate recent silver manipulation

  1. 3,360 Posts.
    Power to the people. Due to such a large number of complaints from the public regarding the August takedown where 2 banks controlled 25% of all open interest (on the short side) the CFTC is going to investigate for possiible manipulation. And this time they are using a different division. The enforcement division, which looks at activities in a specific time period as opposed to the oversight division, which performs overall market surveillance. Lets hope they are a bit more thorough than the last time.

    WSJ article here:
    http://www.wsj.com/article/SB122231175151874367.html
 
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