Manipulative Gold 'Fat Finger' Or Algo Trade Worth 1.24 Billion USD

[Zomby]

Below is a link to an article released today clearly showing evidence of market manipulation. My question is are we all kidding ourselves of the expectation that gold and silver will ever realize their true value when clearly the powers that be manipulate whatever suits them without being held accountable, where are the regulators, who holds governments accountable for their tretchurous ways, we all know politicians promise whatever voters want to hear and NEVER deliver so why do we put up with all this nonsense.


http://feedproxy.google.com/~r/zero...t-finger’-or-algo-trade-worth-124-billion-usd

:/

 

[thatguy]

Silver is the key! The lower the price the more is "consumed", it is a built in countdown. At some point in time a silver consumer is going to put in a long contract for Ag to make some tech gadget stand for delivery and is going to be told, "Sorry no silver here, would you like to settle in cash? or maybe some copper??". Cash doesn't have terrible good conductive capabilities

 

[Nukz]

To be fair this was a short trade on margin and if the position was not closed quick they would have either gone into a margin call or taking a fair loss right now. I would have thought this would be more a big player like a Soros or a bank hedging risk.

I don't by any means believe this is anything more than some speculation rather than manipulation.