Are these the gurus that medora loves to talk about? You know, how awesome they are and we just don't understand?
"How awesome they are"? In what way? Btw, no, I do not believe many here DO understand how the markets work. In this instance, if this market was not enforcing SEC rules, they should be punished. In fact, I would support their self regulation being removed. From the little I know from the article, they are not behaving as a self governing exchange should behave. This has nothing to do with efficiencies of a paper market with margin and leverage being fundamentally more liquid and better for most MARKET PARTICIPANTS than a physical market. Almost no one here is a MARKET PARTICIPANT, so most opinions here the markets really do not give a rip what you think.
I get that you believe you and about 2 other people here understand how the market works for MARKET PARTICIPANTS, keep up with that thought. Everybody is a moron and you're a genius. It's too bad that those running the market are criminals. Must be nice to be giving a self governing monopoly and then allow your buddies to cheat because nobody is looking...good times...
I never said that, but there simply are a lot of posts that say that something on the market is PROVING manipulation. In fact, that "something" is indicative of a normal market. Examples? Every market has a market maker. How do you "make a market"? You SELL to create the paper which can be therefor be traded. However, many say JPM selling silver contracts is "proof" of manipulation. That is my only point. Just for the record, I have never said or inferred I am smarter than anyone else here. I may have more education in these markets or a different point of view than others, but that is all.
Point taken Yak. I admit I was grumpy this morning, I have been sick. My apologies to you Peace and anyone else offended by my posts this morning.
I wasn't offended. In fact, I agreed with much of what the post said. I wouldn't have posted here if you didn't post a semi-recant.
No worries...we all have our moments. If you haven't been banned at least once...you're a lightweight! :cheers:
