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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.51+1.2%Nov 5 4:00 PM EST

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To: TobagoJack who wrote (64929)7/29/2010 8:22:37 AM
From: carranza2  Read Replies (1) of 217549
 
I have also read that the take down in gold this week was the result of options expiration in the OTC as well as the concurrent (almost) expiration in the Comex futures market.

According to this admittedly paranoid view, games were played so that call options would expire out-of-the-money. Cui bono?
Bullion banks.

Possible?

Yes.

Likely?

It seems that the CFTC is a very lenient regulator.

Jesse has a good piece on this:

jessescrossroadscafe.blogspot.com
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