Why Did The CFTC Help Suppress Silver Futures Prices?

Before the CFTC inevitably ignores the following inquiry from Chris Marcus et al, I would remind its Chairman and the CFTC attorneys that the CFTC and its agents are  public servants — their function is to serve the public.  The compensation paid to the CFTC’s Chairman and Commissioners,  and  to its entire staff,  is funded by the United States’ taxpayers. From GATA by way of introduction to Chris Marcus asking for an...

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BNY Mellon Regrets Not Owning Stocks of Companies Investing in Bitcoin

Choosing stock of gold mining companies instead of shares of firms investing in bitcoin has caused an underperformance for BNY Mellon’s tech-focused funds. The giant US bank outlined MicroStrategy – the company owning over 90,000 bitcoins – as the biggest missed opportunity. BNY Mellon’s Funds Performance In recent filings with the US Securities and Exchange Commission, America’s oldest bank conceded that preferring to go...