Follow
Tell me again how unchecked capitalism is working.
https://www.bloomberg.com/opinion/articles/2020-05-26/goldman-was-just-trying-to-help
@karan "Some single trades on COMEX have been so large as to move prices - clear contraventions of U.S. laws on market abuse. But widespread market turmoil means regulators such as the CFTC have a lot on their plates right now, meaning even large-scale manipulation of these markets to remain below the radar of regulators,” the university added."
*It doesn't take a rocket scientist to figure out that some really illegal things went on and were swept under the rug or completely ignored.*
@karan https://www.kitco.com/news/2020-05-25/Why-is-gold-not-rallying-This-research-points-to-market-manipulations-on-a-scale-rarely-seen-before.html
"The lack of integrity by a few powerful market players is causing a major financial market melt-down from which the current form of our global economy may never recover,” said University of Sussex Business School professor of Finance Carol Alexander."
"...huge sell orders on gold futures, massive pump and dump on copper futures and large spoofing orders on key crypto exchanges,” University of Sussex said on its website earlier in May. " (1/2)