Posted byu/Pohla
Reddit
Spot just dropped nearly a dollar in about 10 seconds. Bullion dealers are sold out, 1000 ounce bars are hard to find and the price is going down? This is peak 2008-level of bullshit. Remember when the value of CDO’s went up despite millions of mortgages being defaulted on? That same type of criminal behavior is happening right here, right now, from the same institutions that got taxpayer money in 2008 instead of going to jail.
It’s time to write to the CFTC, SEC, whoever on social media. This is disgusting and it has gone on long enough. These banks and the people working for them need to be held accountable for this. They haven’t tried to be conspicuous this whole time, but this candle here is an entirely new level of horse shit. Don’t get me wrong, I love getting a discount but we all know that feeling of looking at the chart to see prices down and knowing that someone with a lot more money than any of us made it happen in their own best interests.
Silver is clearly overvalued. /s
The CFTC commissioners twitter:
CFTC Whistleblower program: