I know some of you peruse ZH, and I seen this posted today. Someone did a big dump, and this is the reaction:
"According to Reuters, the CME, which at present has price fluctuation limits for futures contracts in some energy, agricultural commodities and financial products, but not for its precious and base metals products, is considering introducing daily limits on gold and silver futures.
"We don't have price limits in gold and silver. That's something that we are looking into," Miguel Vias, CME Group's director of metal products, said in a panel discussion at an industry event, in response to a question about how the exchange protects investors from excessive volatility"
This is a double-edged sword...Contain the volatility down or up?
Line to article: http://www.reuters.com/article/2014/...0NL1JH20140429
![]()