by Craig Hemke
Sprott Money
It’s that time of the month again where options on COMEX gold and silver will price and settle. This typically brings all sorts of price manipulation shenanigans, and this week promises to be no different.
Actually, the fun began last week with the monthly NYSE option expirations on Friday, March 21. All sorts of listed options on ETFs and mining shares expired at the NYSE close that day, and after strong price rallies earlier in the month, shenanigans were expected for NYSE option expiration too. We didn’t have to wait long. As soon as the NYSE opened at 8:30 CT, down went COMEX gold.