...forces the derivative writer

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film4reel

Senior Member
Spanish
<<...>> I would like to know if he was saying that "it forces derivative writers to go into the market and sell futures".

Chapman then discusses how the COMEX is manipulated. "In the COMEX you can sell gold that you don't have (by shorting). Or you can also buy derivatives - betting that gold will go down," Bob explains, "that forces the derivative writer to go into the market and sell. As long as they don't go naked. Now some of them go naked - what percentage? It's hard to say.

SOURCE: http://www.goldbullioninsider.com/0811/how-gold-price-rigged.php
 
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