Market Manipulation is the name of the game

The whole market is rigged. I know this is known but here is some evidence of it happening in silver. You can believe it happens in every market. Whats great is the collusion from the traders of the Big Banks.

Welcome to the collapse.

 

The stockmarket is too large to be manipulated by a couple of hacks. However, lots of disinformation and lies being peddled daily by the likes of CNBC, Bloomberg, hacks, ET trolls, Reddit pundits without a clue. That is one more big reason to stay away from the news. There is a stockchart for a reason, use it. "If you choose to listen to lies and disinformation, you deserve to lose all your monies."

 

Thanks for the vid, but could watch only 25 mins of it. His voice and cadence my ears could no longer take.

 

Erm, it's mostly bullshit. Spoofing does not really impact the market nearly as much as people like you to believe. It does impact the HFT market makers a lot and their loud moaning is what you hear though the various media.

In short, here is how it works. When someone is spoofing, they place a large order that they have no intention of getting filled and place a smaller (usually via an iceberg) order on the opposite side slightly way from the touch. Since the spoof order effects the order book imbalance, HFTs pull orders from the opposite side, creating an air pocket - so the spoofer gets filled on their order. Once the spoofer cancels, the market returns to the prior state and the spoofer now made a few ticks. Rinse, repeat, get rich.

 

Right mister.

Never never view such a video.
there is simply too much garbage on the internet.

 

this really wasnt about spoofing. IT was a small part of the overall video.

 

Do you mind giving a short summary before I commit to listening to a 1.5 hours of rambling?

 

This is Gold he asks for a summary because he doesn't want to listen to a 90min video and your answer is for him to order and read a book?

 

I couldn't stay awake long enough to watch the whole thing, but it sounds like same fundamental problem as with naked shorts in the equities market, but in a commodities context. Bottom line is that to make this "Dog Track" betting work, you don't really need dogs. All you need is for people to believe there are dogs and then flash the results of an imaginary race up on a display somewhere.

Of course, it isn't like there is no real world problem created. There is. Just ask anyone who got fleeced because they thought there really were dogs somewhere.