[dolphin1986]

The penalty should be much higher and I hope more people learn about this since it’s clear that large banks and central banks are one large symbiotic organism that manipulated and controls the price of precious metals to make sure fiat money continues to be worth something. It is the heart of everything that is wrong with the USA and it is the reason capitalism does not actually exist within our society.

[valuearb]

If your bank runs a trading desk, you have to expect traders to be aggressive.

[dolphin1986]

If coordinated contract dumping between bullion banks is just part of being a trader then isn’t that just more proof they should have much higher fines. We know this has been going on since 2011 at JPMorgan but the CFTC didn’t put spoofing rules on the books until recently.

[valuearb]

Look I was just joking. Your original post is just crazytown.

No one controls the price of previous metals. Other than the US government price support of Gold by not selling its reserves, which would best serve the US economy by dumping into the market.