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Fed rethinks allowing banks to trade physical commodities

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Fed rethinks allowing banks to trade physical commodities

Postby Country » Sat Jul 20, 2013 7:32 pm

Let's see what happens Sunday night into Monday morning... :shh:

http://mobile.reuters.com/article/idUSBRE96I17A20130719?irpc=932
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Re: Fed rethinks allowing banks to trade physical commoditie

Postby Country » Sun Jul 21, 2013 5:42 pm

Maybe something to this. PMs up nicely tonight!
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Re: Fed rethinks allowing banks to trade physical commoditie

Postby Country » Sun Jul 21, 2013 8:25 pm

I think this is REALLY BIG!! Next few days should show big gains if true... :thumbup:
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Re: Fed rethinks allowing banks to trade physical commoditie

Postby Country » Mon Jul 22, 2013 1:02 pm

Months ago JPM et. al. loaded up on SHORTing PMs when the COMEX case against them was nullified by the SEC. IMO, the FED believes they have gone TOO FAR!! The intimation of FED curtailment of their schemes is causing them to stop in their tracks, while other speculators won't want to fight the FED on this. Now, the FED doesn't really have to do anything; just intimate IN PUBLIC that they don't approve of their manipulations.
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