Post by
frances1 on Apr 29, 2022 4:35pm
Reaching out for investor protection from the OSC..re: CFTC
Reached out to the OSC yesterday. Tough watching the precious metals get manipulated continuously. Below is the mandate to protect investors in Ontario...I have asked for some help now that we have proof that the CFTC is manipulating the price....Rostin Benham clearly stated they tamped down the price of silver and got it under control....THAT is not a free market
Apparently they will get back to me on who can help with this. I don't see any progress with all the hard working folks with you tube channels. I think we need agencies to protect us and provide answers.
OSC mandate
"Our statutory mandate is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk."
Look forward to getting some protection against fraudulent companies like Scotiabank and JPM...both who were fined for manipulating these markets. To watch silver go down to production cost where no company can make money when all the fundamentals support higher pricing is wrong. Demand is at all time highs for silver, Supply is in a deficit. We have negatively yielding interest rates so that narrative no longer holds...we shall see.
This needs to be exposed
Comment by
marcrobert on Oct 05, 2023 11:00am
are you saying pslv is a buy at 9.78 here? i.e. producers shutter facilities to avoid losses? If recession materializes USD will further strengthen no? isn't this destructive for PM prices?