Yesterday saw 449,465,000/ozs of Ag 'traded' on the COMEX and taking the 'print' closing price @ 1:30pm est of $20.75 for a total of: $9,326,398,750 for May 12th Way to go newly installed CFTC commissioners!
One of which was VP of Global Regulatory Affairs at Shitibank and one was a VP at JP MOrgue while the third one was an officer of SIGTARP-the fourth one was basically the Secretary of the one who just departed-and dick polisher.
https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
The bios are here and on the two who worked at Shitibank and JP Morgue because they won't even name them on the CFTC Bios page.
Kristin N. Johnson: " served as Vice President and Assistant General Counsel in the Treasury Services Division of one of the largest financial institutions in the world supporting private funds cash management services"…It's JP Morgue
https://www.cftc.gov/About/Commissioners/KristinNJohnson/index.htm#full-page-bio
Caroline D. Pham: "Commissioner Pham was previously a managing director at a large global financial institution where she held various senior roles in compliance, legal, the chief administrative office, and the institutional clients group"…Shitibank
https://www.cftc.gov/About/Commissioners/CarolineDPham/index.htm#full-page-bio
Christy Goldsmith Romero: "served for a decade as the Special Inspector General for TARP (SIGTARP), a role for which she was nominated by President Barack Obama and unanimously confirmed by the Senate on March 29, 2012."… SIGTARP=Special Inspector General for TARP and was supposed to responsible for the policing of the TARP bailouts from 2008-you know how well THAT went.
https://www.cftc.gov/About/Commissioners/ChristyGoldsmithRomero/index.htm#full-page-bio
Summer K. Mersinger: "Ms. Mersinger served as the Chief of Staff to CFTC Commissioner Dawn D. Stump. She also served as the Director of the Office of Legislative and Intergovernmental Affairs at the Commodity Futures Trading Commission under former Chairman Heath Tarbert."….a Secretary (for the only one who was there and resigned before term expired) and knob gobbler for a politician.
And it wouldn't be complete with out Rostum Benham (pepe's series of punchable faces # 14-really it should be #1-casue that face…. but we have a list going for a few years now) who is a useless POS and basically on the same level as Gary Gensler who had the same role and is now the SEC Chairman and was CFO for Hillary 2016 and knew ALL the dirt cause HE authorized all payments for her "activities."
https://www.cftc.gov/About/Commissioners/RostinBehnam.htm#full-page-bio
Probably the single WORST assembly of 'regulators' I have seen in over 34 years of experience in the markets. Well done Biden Administration-be proud of THIS group.