@BiggerThinking1 Basically this computers are owned by JP Morgan and alike they gather information and have automatic commands based on mathematics on what a trader should do on different scenarios. Front running means that if silver its going down, based on the information this computers have, and the amount of business this companies control, they can basically put their sells to go through before yours, and so they will get the best prize, later they do the opposite and buy before you.
On January 21 1980, the Comex announced that trading would be limited to liquidation orders only. There would be no more futures buying. The game was closing down. So much for the price discovery mechanism involving willing buyers and willing sellers.
Testimony later would reveal that nine of the 23 Comex board members held short contracts on 38,000,000 ounces of silver.
Remember "The lie is different on every level" High-speed traders help stability - CME executive 5 May 2011, by Jacob Bunge (MarketWatch) LOlz. We've seen exactly the opposite and banks just love it - Unstability aka Extreem Volatility.
HFT steels millions a day by frontrunning and skimming of profits up and down.
@BiggerThinking1 Basically this computers are owned by JP Morgan and alike they gather information and have automatic commands based on mathematics on what a trader should do on different scenarios. Front running means that if silver its going down, based on the information this computers have, and the amount of business this companies control, they can basically put their sells to go through before yours, and so they will get the best prize, later they do the opposite and buy before you.
Ramiromasters 6 months ago
can someone explain what "front running" means please?
BiggerThinking1 8 months ago
How any one of these Comex board members did not get convicted back in 1980 is an absolute disgrace.
Fast forward to today, it would not be a conspiracy theory to think that the same thing is taking place again.
32MN ounce handle in COMEX registered silver which is only $1.2BN
paulrprichard 9 months ago
On January 21 1980, the Comex announced that trading would be limited to liquidation orders only. There would be no more futures buying. The game was closing down. So much for the price discovery mechanism involving willing buyers and willing sellers.
Testimony later would reveal that nine of the 23 Comex board members held short contracts on 38,000,000 ounces of silver.
paulrprichard 9 months ago
@ownerowner100 im 100% with you there brother...
donniebrasco24 9 months ago
And I will not sell in for years
ownerowner100 9 months ago
@donniebrasco24 agree I am 100% phy
ownerowner100 9 months ago
etf's are a ponzi scheme! buy physical!
donniebrasco24 9 months ago
You got to buy physical silver, hold it in your hands, feel the true value of your hard hours of work. Trade in the fiat shit. Dollars going down,
justinbelljustin 9 months ago
Remember "The lie is different on every level" High-speed traders help stability - CME executive 5 May 2011, by Jacob Bunge (MarketWatch) LOlz. We've seen exactly the opposite and banks just love it - Unstability aka Extreem Volatility.
HFT steels millions a day by frontrunning and skimming of profits up and down.
YouriCarma 9 months ago