cftc Archive

  • The problem with this is huge. They have no expertise on how to even figure out the code and sure they could hire some kids with programming skills, but without trading skills, they really would never figure it out. The only possible solution will be to exit the US markets. If you do not, whatever code you “deposit” with the government will waive all intellectual property rights for the government can take everyone’s code.

    Government Demanding Source Code by CFTC Rule

    The problem with this is huge. They have no expertise on how to even figure out the code and sure they could hire some kids with programming skills, but without trading skills, they really would never figure it out. The only possible solution will be to exit the US markets. If you do not, whatever code you “deposit” with the government will waive all intellectual property rights for the government can take everyone’s code.

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  • If my analysis is correct, what does this mean for silver from here? It will prove to be wildly bullish for the price; maybe not immediately, but on a long term basis. It sets the stage for the really big move in silver. This overt government interference in the silver market will boomerang at some point, just as every attempt at artificial price setting has failed. Just let the word start to spread about Working Group involvement in causing the price of silver to fall and the natural reaction by the world’s investors will be to take advantage of the bargain created.

    A Few Questions; One Answer (On Silver)

    If my analysis is correct, what does this mean for silver from here? It will prove to be wildly bullish for the price; maybe not immediately, but on a long term basis. It sets the stage for the really big move in silver. This overt government interference in the silver market will boomerang at some point, just as every attempt at artificial price setting has failed. Just let the word start to spread about Working Group involvement in causing the price of silver to fall and the natural reaction by the world’s investors will be to take advantage of the bargain created.

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