by Craig Hemke, Sprott Money:

If you’re a regular reader of these columns, you may recall we first alerted you to this new price manipulation tool last year. You’re also likely to find it unsurprising that the bullion banks continue to abuse the “Trade At Settlement” system in 2023.

I suppose we could begin this post with links to all the articles we wrote on this subject in early 2022. However, that might be overkill. Instead, here’s a link to the final instalment, published by Sprott Money on May 17, 2022. If you have the time, please read that article. It describes for you what Trade At Settlement is, what types of trades are most likely placed using it, and why the bullion banks would seize upon this arcane procedure in order to propagate their ongoing price management schemes.