Copper Falls as Fed May Start to Withdraw Stimulus

Base Metals Investing

Bloomerg reports that Copper plunged for a second day in London.

Bloomerg reports that Copper plunged for a second day in London.

The market news is quoted as saying:

Treasuries snapped a three-day gain before a government report that economists said will show orders for durable goods rose and as the U.S. prepared to sell $35 billion of five-year notes.

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The Conversation (2)
Investor Last Name
Investor Last Name
26 Feb, 2013
You say, "That certainly cannot be encouraging for those who have long waited for the CFTC to take a stand against major firms who are believed [sic] to be manipulating the precious metal markets." First of all, anyone who thinks that the CFTC ever planned or plans to do ANYthing to stop the manipulation by JPMorgue, HSBC, Scotia Mocatta, et al, has terminal pollyannosis or has no powers whatsoever of perception. By their actions, and, more pertinently, by their LACK of action against the ridiculously manipulative short positions held by these banksters, and the blatantly collusive and manipulative takedowns of the silver and gold paper markets by these criminals, the CFTC has shown itself to be at the least criminally negligent in fulfilling it's reason for existing, and more likely criminally collusive with these TBTF banksters and the CME that supports them in every way possible. Secondly, anyone who thinks that the evidence gathered over DECADES of investigation and observation of real and repeated and observable PM market manipulation can be waved off as simply something "believed" and not something PROVEN either has no cojones or is too sickeningly PC to state the obvious.
Investor Last Name
Investor Last Name
26 Feb, 2013
You say, "That certainly cannot be encouraging for those who have long waited for the CFTC to take a stand against major firms who are believed [sic] to be manipulating the precious metal markets." First of all, anyone who thinks that the CFTC ever planned or plans to do ANYthing to stop the manipulation by JPMorgue, HSBC, Scotia Mocatta, et al, has terminal pollyannosis or has no powers whatsoever of perception. By their actions, and, more pertinently, by their LACK of action against the ridiculously manipulative short positions held by these banksters, and the blatantly collusive and manipulative takedowns of the silver and gold paper markets by these criminals, the CFTC has shown itself to be at the least criminally negligent in fulfilling it's reason for existing, and more likely criminally collusive with these TBTF banksters and the CME that supports them in every way possible. Secondly, anyone who thinks that the evidence gathered over DECADES of investigation and observation of real and repeated and observable PM market manipulation can be waved off as simply something "believed" and not something PROVEN either has no cojones or is too sickeningly PC to state the obvious.
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