Relevant:
- Anonymous JPMorgan whistleblower tells CFTC JPM manipulates the silver market & conspires in manipulating gold:
- High-Frequency Trader Indicted for Manipulating Commodities Futures Markets in First Federal Prosecution for Spoofing
- Congress Is About to Make Financial System Even WORSE
- MF Global Blowing Up?
- Mainstream Coverage of Silver Manipulation, Lawsuits Shows Up
2011-05-28 — gata.org
Referring to yesterday's news that the U.S. Commodity Futures Trading Commission is suing two traders and two trading firms on a complaint of manipulating the cash oil market to profit by $50 million in the oil derivatives market ...
"Manipulating cash prices for a larger derivative payout is a regular feature in all markets. And $50 million is chump change compared to the billions being made manipulating the markets on almost a daily basis."
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