Spoofing or No Spoofing – That is the Question!

Thought it was funny to see the following article published about Merrill Lynch’s being fined.  Of course, there is never manipulation of any markets…is there?  What I wonder is how much money was lost due to such multi-year scheme by its precious metals traders and how will investors be ever compensated for what they lost.  And what are traders up to now?  I guess we might or might never find out in a few years, but in the meantime, beware of the big bad wolf!

https://www.marketwatch.com/story/merrill-lynch-fined-by-doj-cftc-for-spoofing-in-precious-metals-futures-2019-06-25

Food for Thought or Not (or Ramblings from an Innocent Bystander)