It was another frustrating day for the Comex metals, with much of the price frustration due to a deliberate Bank effort to cap price ahead of next Monday's option expiration. It sets us up for a frustrating week, as well, but at least it's holiday-shortened so it won't seem as long and arduous as it might usually.
For today, a discussion of today's overt price manipulation, particularly in CDS where The Banks are desperate to keep nearly 7,000 $24 calls out of the money for next Monday.
Here's a video of my Sprott Money discussion with Mr. Turk. This was recorded last...