Death comes to us all. Life's but a walking shadow | The central idea of Gottlieb's reference was that with the change in law in the early 2000's the very biggest traders, those whales that can reaaly manipulate the market now qualify as commercial not speculator and cnd can't be tracked. The big banks are now lucking in the commercial catagory. You can see it in the CFTC long report. Four or less traders account for 12% of the market, Eight or less account for 22%. Only the very biggest banks or grain traders can have those positions. |
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