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The CFTC, CCP And Silver Manipulation: “Fox, Please Watch The Hen House”

by irdadmin | May 7, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals

No, not that CCP, though it may as well be. The “CCP” in reference Comex paper silver manipulation is the Central Counterparty sub-committee of the CFTC. The CCP is the creation of Russ Benham, Chris Marcus’ (Arcadia Economics) candidate for a Nobel...

Why Did The CFTC Help Suppress Silver Futures Prices?

by irdadmin | May 3, 2021 | Financial Markets, Gold, Market Manipulation, Precious Metals

Before the CFTC inevitably ignores the following inquiry from Chris Marcus et al, I would remind its Chairman and the CFTC attorneys that the CFTC and its agents are  public servants — their function is to serve the public.  The compensation paid to the...

Goldman’s Jeff Currie On SLV: Either Ignorant Or Willfully Mendacious

by irdadmin | Feb 13, 2021 | Financial Markets, Market Manipulation, Precious Metals

CNBC interviewed Goldman Sachs’ Jeff Currie – the head of global commodity research at GS – regarding the potential for the silver market to be squeezed. In the segment Currie made the argument that on the Comex:  “the shorts are the ETFs...

Gold / Silver: Brief Pullback Then Higher

by irdadmin | Jul 16, 2020 | Financial Markets, Gold, Market Manipulation, Precious Metals

The market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably...

Key Economic Data Continue To Show A Recession

by irdadmin | May 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy

Goldman Sachs’ net income declined 42% from 2009 to 2016. How many of you reading this were aware of that fact? Yet GS’ stock price closed today 36% above its 2009 year-end closing price. See below for details. Auto sales in April declined again, with the...
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