Thursday, January 13, 2011

CFTC admits one Trader is SHORT 23% of the silver contracts - possible position limits ahead.

CFTC admits one Trader is SHORT 23% of the silver contracts - possible position limits ahead.



they are shorting so much to keep the price supressed - and that the tax payer will bail out any losses.these guys are so stupid. limiting positions would only make the markets less efficient. it would produce worse liquidity and greater price swings with worse spreads. complete crap and they should know it. these guys are a disgrace. regardless of who holds what eventually market forces will play out no matter how large ur holdings.
if shorts were settled with real commodities, and not cash, the markets would go to their natural spreads, and natural prices.
the allowance of cash settlement for shorts, while convenient, is what makes for large speculation.
a market should exist only for those that deal in what the market is offering. if you dont mine or sell gold, and cant deliver if you short it - why the hell are you allowed to do so - thats the problem in my opinion.
you can settle the short sale of silver with cowtails and shoelaces and the CFTC will probably ignore it. I have no idea why they even exist. Sorry about the exaggeration, but i can't express what a joke this agency is.
Goody for Americans this agency is also gonna regulate the carbon credit markets! not suprising, we can secure that not with worthless cash, but cow farts. A clearinghouse would be nice,- that's common sense but what's the point if there's "communication issues"?

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