# Place your bets please

**URL:** <https://discussion.fool.com/t/place-your-bets-please/110359>\
**Category:** Macro Economic Trends and Risks\
**Created:** [November 15, 2024, 10:38am UTC](https://discussion.fool.com/t/place-your-bets-please/110359 "2024-11-15T10:38:21Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Divitias](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/divitias/32/9302_2.png) [@Divitias](https://discussion.fool.com/u/Divitias)\
**Post date:** [November 15, 2024, 10:38am UTC](https://discussion.fool.com/t/place-your-bets-please/110359/1 "2024-11-15T10:38:21Z")

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The banks gambling as usual. I wonder if this is why the price of metals has fallen? Was it market forces or just manipulation:

> Sources close to the matter estimate that the losses tied to these positions could top $1.3 billion. Gold futures, which are also seeing a similar trend, have reportedly seen paper shorts lose over $1.5 billion.

Read more at:

> **[As silver prices surge, these five major US banks at risk of massive losses,...](https://economictimes.indiatimes.com/news/international/us/as-silver-prices-surge-these-five-major-us-banks-at-risk-of-massive-losses-potentially-in-the-billions/articleshow/114438945.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)**
>
> Silver prices experienced a dramatic surge in recent while, skyrocketing more than 6% and breaching the critical $33.60 per ounce threshold. This sharp rise has raised concerns across global financial markets, particularly due to the revelation that...