The following commentary comes from an independent investor or market observer as part of TheStreet‘s guest contributor program, which is separate from the company’s news coverage. The opinions expressed are those of the author and do not represent the views of TheStreet or its management.

NEW YORK (Bullion Bulls Canada ) — I was listening to another fine interview on the King World News site, this one with Ben Davies of Hinde Capital, when I was immediately intrigued by some of Davies’ remarks.

He stated that he considered the entire, recent trading-episode in the gold market “suspicious” for two reasons. First of all, he was surprised that any (competent) trader would have leveraged himself into such a dangerous position in the first place. Secondly, and connected with his first observation, he expressed equal surprise that the so-called “regulator” (i.e. the CME Group) would have allowed such a flawed and vulnerable trading position to have been created, in the first place….

Originally from TheStreet