Silver Manipulation About to End? CFTC Purposes Stringent Commodity Future LimitsSubmitted by RonPaulio on Thu, 01/13/2011 - 11:21
Its funny because commodities actually dropped on this news. People must not have any idea how much manipulation is really going on here.
I hope everybody has their silver safely stashed away...
WASHINGTON (MarketWatch) -- Seeking to combat manipulation and speculation, the Commodity Futures Trading Commission on Thursday voted to propose a rule that would restrict the number of commodity futures and option contracts that any investor can hold in energy, agriculture or metals derivatives. "Position limits help to protect the markets both in times of clear skies and when there is a storm on the horizon," said CFTC Chairman Gary Gensler. The proposal was introduced by a vote of 4-to-1