That’s been my suspicion about the “why” behind MF Global when I first read about their client’s missing money.
Jim Sinclair is saying they crashed MF on purpose because they were the “clearing house” for funds that were aimed towards futures options on gold and silver which were settleable in November.
So many funds, in fact, that Comex and CME would have defaulted - they didn’t have enough metal.
Look how Celente got burned! They basically stole his money that he was standing for delivery with!
That’s been the game all along. The futures market is so rigged, it’s ridiculous.