Arrested For Manipulating The Gold Market
Posted: Tue Jan 30, 2018 7:18 am
"Here is what got far less publicity: it wasn't just any futures that were spoofed - all the banks and traders busted were charged for spoofing the precious metals market, i.e. gold and silver. We bring this up because there are still the occasional idiots out there who say gold and silver were never manipulated."
https://www.zerohedge.com/news/2018-01- ... old-market
Sadly, in my opinion, these are just slaps on the wrist of the big players and things will continue as usual. The "so called" fines are laughable and I'm sure are viewed as just the cost of doing business. Who gets that money anyway? It's sure is not the folks hurt by the manipulation is it! Nothing to see here, move along please...
https://www.zerohedge.com/news/2018-01- ... old-market
Sadly, in my opinion, these are just slaps on the wrist of the big players and things will continue as usual. The "so called" fines are laughable and I'm sure are viewed as just the cost of doing business. Who gets that money anyway? It's sure is not the folks hurt by the manipulation is it! Nothing to see here, move along please...