Comment Text:
Chairman Gensler and members of the CFTC
The COMEX silver shorts still have as much influence over pricing as they demonstrated this week on the afterhours rig jobs they engineered both on Monday and Thursday. While your CFTC’s Enforcement Division is supposedly investigating the silver market and the Commission is debating disruptive trading practices under Dodd –Frank, the commercial crooks on the COMEX are merrily continuing to manipulate through disruptive trading practices as obvious as they get. It is frustrating that the CFTC seems blind to what many can see so clearly. The general perception that the agency is not doing its job diminishes overall trust in government agencies.
JPMorgan is the silver manipulator, by virtue of their concentrated COMEX short position. Id still makes impotent the CFTC and a mockery of commodity law. Recently JPM has been methodically reducing its short position, that has allowed the price of silver to increase markedly. JPMorgan reducing its silver short position is like them slowly releasing the pressure of their boot on the throat of the silver market.
Inspired by JPM new manipulators arose that act collusively to rig prices to their benefit.
Dear Chairman Gensler and members of the CFTC :
can you please stop all manipulation SOON and bring back a FREE market in silver! That would need a position limit in silver of 1500 contracts to bring back some confidence.
(till here I copied freely from Ted Butler's weekend comment 2/26/11)
Dear Chairman Gensler and members of the CFTC :
History will remember you as the heroes who started the clean-up of the 100-on-paper for one physical ounce of silver. IMF's planned $100 Trillion in paper SDR's would make the Western paper mess only bigger, with somewhat later even more catastrophic results certainly for the USA and Europe. Together you can put the legendary stone in its rightful place to make the river now take the safe direction, a first big step to restore Constitutional and thus physical money, to make phoenix West arise from its paper ashes.
