I'm a trader, and someone who has travelled the world facilitating commodity deals. Let's just say if "they" can manipulate the silver and gold price, then manipulating other commodities isn't going to be a problem.
Throw in some speculators and a bunch of algos and voila. Free markets don't exist anymore.
And yes, I'm guilty as hell because I also develop my own algos. In my defence I only run them on CFD markets where I can't actually do any real world damage, because CFDs are synthetic derivatives.
Problem solved:
https://twitter.com/bobscartoons/status/1565048610680672259/photo/1
A great post Peter. Thank you.
I'm a trader, and someone who has travelled the world facilitating commodity deals. Let's just say if "they" can manipulate the silver and gold price, then manipulating other commodities isn't going to be a problem.
Throw in some speculators and a bunch of algos and voila. Free markets don't exist anymore.
And yes, I'm guilty as hell because I also develop my own algos. In my defence I only run them on CFD markets where I can't actually do any real world damage, because CFDs are synthetic derivatives.