First Gold Manipulation, Now Silver? - Lead Researcher In Libor Case

After suggesting there was collusive behavior in the gold market in a draft research paper that made headlines, economist and professor, Rosa Abrantes-Metz is shifting her focus to silver. Joining Kitco News in studio, Global Economics Group's managing director talks about her new study, which highlights unusual trading patterns in silver futures markets. "Looking into CME futures settlement prices, I found several unusual patterns. I find that prices move in the opposite direction from the rest of the market returns very often, particularly while silver prices are moving upwards,” Metz explains. She adds that she has found “drastic increases in volume traded in the space of one minute,” and “very sharp price movements.” Metz’s 2008 paper “Libor Manipulation?” helped uncover the rigging of the Libor. The interest rate manipulation scandal set off a slew of other investigations, including precious metals and currencies. Tune in now to find out what markets she thinks regulators will target next. Kitco News, July 9, 2015. (show less)

After suggesting there was collusive behavior in the gold market in a draft research paper that made headlines, economist and professor, Rosa Abrantes-Metz is shifting her focus to silver. Joining Kitco News in studio, Global Economics Group's managing director talks about her new study, which highlights unusual trading patterns in silver futures markets. "Looking into CME futures settlement prices, I found several unusual patterns. I find that prices move in the ... (read more)

 
 
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