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Silver Miner First Majestic Writes to CFTC: Something is Wrong With The Price Discovery Mechanism on COMEX

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#1 Wed, Jun 3, 2015 - 6:57pm
Smaulgld
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Silver Miner First Majestic Writes to CFTC: Something is Wrong With The Price Discovery Mechanism on COMEX

Mexican silver mining company First Majestic sent a letter to the Commodities Futures Trading Commission (CFTC) claiming that there was something wrong with the price discovery mechanism on the COMEX silver futures market.
They pointed to the massive speculative short silver positions illustrated below:

https://smaulgld.com/first-majestic-silver-corp-notifies-cftc-of-possible-silver-manipulation/

Silver short positions on COMEX as of May 26, 2015

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