>and the metals will trade on supply and demand
FAIL
yes because when it trades many times it's annual production rate in a few minutes that is totally trading on "supply and demand".
>Leveraged at approx 240
Most likely worse as that is just public reporting.
(((they))) will defend that one to the death.
Take out other players to keep that in control
I commend peeps for attacking it but they have to buy the contracts via COMEX for it to make any difference.
Sure the leakage from piling into those (ETF's) will make a dent but the custodians of those will continue to play the paper game of reporting total bullshit
Once they all figure out the ETF's are nothing but pieces of paper they will want phyzzzz
then it gets good.
aye however the CFTC has a reputation for paying contract holders off in cash (against own rules) to stand- down on those delivery dates.
Basically bribing them to knock it off.
Done it before.
see
it doesn't always work that way when they want a different outcome.
from 2013
CFTC Closes Investigation Concerning the Silver Markets
https://www.cftc.gov/PressRoom/PressReleases/6709-13
and this faggot is in charge of the SEC nao
"you've been Corzined!"
https://causeofaction.org/wp-content/uploads/2013/06/MF-Global-Summary-and-Analysis1.pdf
The "Hair" bair..forgot about her.
Loved all those shotgun wedding bank "failures".
Never fixed a damn thing just pushed it all off.
The rumor was that the Morgue had the margin call on it's Euro short and "jamie" said give it to MF Global.