MoneyTec Traders Community Forum - View Single Post - Another very obvious manipulation was Friday.

Habib · 20-08-2004, 08:43

of bullion, oil and other commodities (probably forex too), but never got into the nitty-gritty of it. However, the manipulation I referred to (of Friday, August 13th, european mid-day time) when I started this thread, was not any interbank fixing, I think. I don't think they fix things at silly prices when everyone knows they are going to be widely and wildly different later in the day. Do you work for a Market Maker or some bank? I don't see why, otherwise, would you be so interested in clouding something which is as apparent and as obvious as daylight.

20-08-2004, 08:43	#30
Habib level 3 Join Date: Jun 2004 Posts: 269 Downloads: 0 Uploads: 0 Rep Power: 0	I have heard the term London Fixing of bullion, oil and other commodities (probably forex too), but never got into the nitty-gritty of it. However, the manipulation I referred to (of Friday, August 13th, european mid-day time) when I started this thread, was not any interbank fixing, I think. I don't think they fix things at silly prices when everyone knows they are going to be widely and wildly different later in the day. Do you work for a Market Maker or some bank? I don't see why, otherwise, would you be so interested in clouding something which is as apparent and as obvious as daylight.