Post by c2crusher on Oct 24, 2021 15:49:12 GMT
Is The Bitcoin ETF "A Trap"?
www.zerohedge.com/crypto/luongo-bitcoin-etf-trap
From last year’s catastrophic contango in crude oil and the insane pump and dump of lumber futures to this fall’s rise in energy and industrial metals prices, commodities futures markets have become the plaything of speculators who are all downstream of the central banks money printing machines.
They need to get as many hooks into bitcoin that they can now to control the price and siphon off retail investor demand while also collecting massive trading fees and trading against their clients’ books.
www.zerohedge.com/crypto/luongo-bitcoin-etf-trap
From last year’s catastrophic contango in crude oil and the insane pump and dump of lumber futures to this fall’s rise in energy and industrial metals prices, commodities futures markets have become the plaything of speculators who are all downstream of the central banks money printing machines.
They need to get as many hooks into bitcoin that they can now to control the price and siphon off retail investor demand while also collecting massive trading fees and trading against their clients’ books.