CME Group – Precious Metals Physical Delivery Process

https://www.cmegroup.com/trading/metals/files/precious-metals-delivery-process.pdf

All You Need To Know About Today's CME Bitcoin Futures Contract Launch

http://www.zerohedge.com/news/2017-12-17/all-you-need-know-about-todays-cme-bitcoin-futures-contract-launch

New CME Bitcoin Futures And The Goldman Sachs Connection

Many Bitcoin zealots enthusiasts correctly believe Bitcoin futures contracts trading at the CBOE and CME would be a boon for Bitcoin.  Indeed, the price of Bitcoin has soared since the announcements, as front-runners have been driving prices up in anticipation of the exchanges trading Bitcoin futures December 11 and December 18, respectively.  But what Bitcoin cultists don't understand is that these same vampire squid bankers who have been manipulating and suppressing commodities prices (especially precious metals) now have the opportunities (and leverage) to apply the same suppression schemes on the price of Bitcoin.  They will short and crash Bitcoin.  Satoshi is rolling over in his Bitcoin nirvana.

Early adopters who got in at lower levels should be able to ride out the rollercoaster.  But Johnny-come-lately's with weak hands who sell at the faintest signs of weakness will get slaughtered.

http://www.zerohedge.com/news/2017-12-09/new-cme-bitcoin-futures-and-goldman-sachs-connection

Will The New Bitcoin CME Futures Contract Benefit Gold?

Despite being a blessing short-term for Bitcoin, inclusion into the CME futures exchange opens the crypto-currency to price manipulation / suppression long-term.  Most Bitcoin aficionados don't know this yet, but will find out the hard way when Bitcoin gets monkey-hammered despite positive "fundamentals."

http://investmentresearchdynamics.com/will-the-new-bitcoin-cme-futures-contract-benefit-gold/

CME Chairman Terry Duffy

Fast forward to the 5 minute mark to see CME Chairman Terry Duffy's comments on the price of gold. It is interesting because gold bugs believe his organization is partly responsible for surreptitiously capping gold's price.

"with all that's going on in the world, it (gold) should probably be at $5,000 to $6,000 per ounce."

https://www.youtube.com/watch?v=U0NPC7tfyNw

The CME Cracks Down On Another Gold Spoofing Mastermind

http://www.zerohedge.com/news/2015-06-01/cme-cracks-down-another-gold-spoofing-mastermind

CME Hikes Silver Margins By 11%

This explains the price plunge in silver yesterday.  Insiders were front running the announcement of the hike in silver margin requirements.  Status quo criminality.

http://www.zerohedge.com/news/2015-01-29/cme-hikes-silver-margins-11

What Do They Know? CME Implements Gold, Precious Metals Circuit Breakers Up To $400 Wide

The CME knows something you don't.  They are expanding the price range for circuit breakers to be triggered, in the event of "illiquidity" and trading halts.  Basically, it means when there is panic selling or panic buying, and trading is so furious that markets are broken, that the exchange systems break down, and trading is halted.

Expect huge price swings for gold and silver going forward.  We don't know when, but we do know the authorities know it WILL happen.

You've been forewarned.

http://www.zerohedge.com/news/2014-12-11/what-do-they-know-cme-implements-gold-precious-metals-circuit-breakers-400-wide

CME looks to bid for London gold price solution, after claiming silver

The London fix of gold and silver prices may be nearing its end, but with the CME Group taking over exchange prices, expect gold and silver prices to continue to be manipulated by the paper shorts.  That too, will end.

http://www.platts.com/latest-news/metals/london/cme-looks-to-bid-for-london-gold-price-solution-26836103

CME, Reuters Picked To Replace Silver Fixing In Process Supervised By Former Gold Fixer

The fox is guarding the hen house in this ridiculous kabuki theater of the absurd.  This is another sign that the gold and silver manipulators are frantically using whatever means they can to continue the ponzi scheme of paper trading, in light of the fact that physical inventory is depleted.

http://www.zerohedge.com/news/2014-07-11/cme-reuters-picked-replace-silver-fixing-process-supervised-former-gold-fixer

Illegalities

http://www.silverseek.com/commentary/illegalities

My Worst Fear

Ted Butler is a smart guy, but what he fails to see is that CFTC regulator Bart Chilton is a plant, put in his position merely to appease the watch dogs.  Meanwhile, CFTC Chairman Gary Gensler and his minions continue to look the other way as the silver price manipulation continues unabated.  The other CFTC commissioners are mouthpieces for the CME and the very firms they are supposed to regulate.

While Butler believes Chilton to be one of the "good guys", Butler doesn't realize that Chilton is more likely a double agent undermining  Butler's futile attempts to expose the ongoing silver price suppression at the COMEX.

Memo to Ted: you constantly deride the public for burying their heads in the sand on the market-rigging tactics in the commodities exchanges.  It's time for you to recognize that you've been sleeping with the enemy.

Memo to the public:  avoid paper trading of precious metals contracts--Butler is correct in that assessment.  But don't expect our government regulators to help rectify the crimes in progress--they are in on it, because rising precious metals prices expose the Fed's reckless currency debasement campaign.  You're better off buying physical gold and silver instead.  This will counteract the bullion banks' paper naked shorting shenanigans.

http://www.silverseek.com/commentary/my-worst-fear-8306

CME Declares Force Majeure at Manhattan Gold Depository

Where there is smoke, there is fire.  Paper certificates may be irreparably damaged by flooding, but gold bars are indestructible by water--or even fire (i.e., it is merely melted down).  Hurricane Sandy is providing a convenient scapegoat for those whose vaults are empty, and a declaration of force majeure is the ultimate cover, SOMETHING WE HAVE PREDICTED MANY TIMES.

This is the language centered around a force majeure to provide cover for the CME:

In a notice to customers on Monday, CME declared force majeure, a contract clause that frees parties from liability due to an event outside of their control, for the facility.

In a notice to customers on Monday, CME declared force majeure, a contract clause that frees parties from liability due to an event outside of their control, for the facility.

Read more: h

Folks, the time has cometh.  The shortage in physical gold (and silver) is now forcing depositories to short-deliver physical inventory, as it just doesn't exist.  People who believe they have legal claim to physical inventory only own a paper certificate, with physical delivery another proposition.  The CME's vaults are half empty, so they have had to resort to blaming Mother Nature, covering up the fact that the emperor has no clothes (gold).  The masses have been hoodwinked--again.

YOU HAVE BEEN WARNED--many times.

CME Declares Force Majeure at Manhattan Gold Depository

Read more: http://www.foxbusiness.com/news/2012/11/26/cme-declares-force-majeure-at-manhattan-gold-depository/#ixzz2DSbXUFLB

http://www.foxbusiness.com/news/2012/11/26/cme-declares-force-majeure-at-manhattan-gold-depository/

CME Lowers Initial ES And Other Key Equity-Related Margins By 12%

Yes, it is obvious.  The CME and the powers-that-be favor certain commodities and asset classes.  Keep driving equities up, so the Fed's strategy to catalyze "animal spirits" and create a "wealth effect" (even though it is false prosperity), so people will open up their wallets again (even though they are broke).  Suppress bond yields to artificially prop up bond prices--and demand for said bonds (even though their "safe haven" status is questionable at best).

Meanwhile, when the energy complex (including crude oil) and precious metals (specifically gold and silver) begin spiking in price, do whatever it takes to take them down and teach all the "speculators" a lesson.

http://www.zerohedge.com/news/cme-lowers-initial-es-and-other-key-equity-related-margins-12

U.S. regulator set to drop silver probe: FT

What a surprise--the CFTC has decided to drop their investigation into silver manipulation in the futures market.  Never mind that they are in bed with the CME, the COMEX, and JPMorgan Chase.  Nothing to see here--move along folks.  All is well.  End sarcasm.

http://www.reuters.com/article/2012/08/06/us-comex-silver-manipulation-idUSBRE8750B020120806

Desperate CME Tries To Regain Client Confidence In MFG, PFG Aftermath; Sends Letters To Customers

In other words, blah blah blah...

CME:

Congress, federal regulators, industry regulators, industry groups and CME are all working towards the same goal: to ensure that market users have confidence in all aspects of the industry, and that the appropriate protections are in place at every point in the system. Every link in the chain has to be as strong as the next. The businesses and individuals who rely on the futures markets to manage their risk rely on all of us to collectively manage their trust.

http://www.zerohedge.com/news/desperate-cme-tries-regain-client-confidence-mfg-pfg-aftermath-sends-out-letters-customers

The CME On Gold As Collateral And Its Unsurprising London-Based Custodian

http://www.zerohedge.com/news/cme-gold-collateral-and-its-unsurprising-london-based-custodian

CFTC Vacates CME Clearing Europe Limited Registration as a Derivatives Clearing Organization

The canary in the coal mine:  the CME no longer wishes to be the clearinghouse for European derivatives.  If I were a holder of Greek credit default swaps, I would unload them before they turn into toilet paper--if they haven't already.  With the ISDA not acknowledging the 74% haircut in Greek bonds as a credit default "event", CDS holders basically own the equivalent of a life insurance policy of a corpse--only the coroner just declared the corpse a living and breathing entity.  So run along you bankers and hedge fund managers:  you hedged correctly, but we ain't paying out these insurance claims, because the patient ain't dead until we say it's dead. 

http://www.cftc.gov/PressRoom/PressReleases/pr6208-12

Here's the problem:  the patient is dead.  And so it will be with the neighboring patients on life support as well.

Ann Barnhardt: The Entire Futures/Options Market Has Been Destroyed by the MF Global Collapse

This is why the MF Global collapse and subsequent non-action by the regulators will lead to a run on banks.  Nothing is safe--unless you take physical possession. 

http://www.financialsense.com/contributors/2011/12/02/ann-barnhardt/interview-transcript

Gold? Sure, We’ll Take More of That, Says CME

This further legitimizes gold as a currency, valuable enough to be used as collateral. 

http://blogs.wsj.com/marketbeat/2011/10/03/cme-boosts-limit-for-gold-used-as-collateral/ 

The step is the latest in a string of moves by exchanges and other financial services firms to increase the use of gold as collateral, which essentially places the precious metal in the top tier of asset classes.

"Gold is money.  Everything else is credit." - JP Morgan, testifying before Congress in 1912

"Gold and silver is the only money the elite rely on." - Lindsey Williams