Remember May 1st 2012, or April 12, 2013, or April 12-15th 2014?
May 1st 2012 on the COMEX
I was that subscriber of Ted Butler.
Not only the COMEX, but today, the LBMA price FIX manipulation has made itself conspicuously known.
Where did 84 cents of silver go? Inquiring minds want to know!
“Unfortunately, it is not [a mistake],” Ole Hansen, head of commodity strategy for Saxo Bank, told FastMarkets. “This could be the end of the fix. It took 14 minutes to find a fix – they obviously found a fix way off of the market.”
The difference between the two was nearly six percent but the benchmark cannot be changed, a person familiar with proceedings told FastMarkets.
A mining company FINALLY stands up for itself!