More BS to justify their manipulation of the markets. Just like Lumber and so many other commodities traded on that corrupt Street in NY.
Actually, for commodities, the markets (the "pits") are traded in Chicago - the Chicago Board of Trade, and the Chicago Mercantile Exchange. Wall Street has little to do with commodities.
check out this article from way back. Market rigging COULD become a crime......... https://www.theguardian.com/business/2014/jun/11/currency-market-rigging-criminal-offence
That's specifically about the "city" of London - the "city" is above that level. They write their own rules/laws. The Queen even has to ask permission to enter the "city". The city is just over a square mile large along the Thames river, and they elect their own government. The City of London is guaranteed in Magna Carta which is still in force.
(post is archived)