Comment Text:
Dear Officials,
Once again, criminal behavior prevails, right under your noses! I've included a couple of statements that you should take note of:
"May 12, 2011
In case you missed it, the metal de jour yesterday...as it is almost every day...was silver. How can I tell, you ask? Well, gold was down 1.00%...platinum was down 1.12%...palladium was down 1.52%...and, drum roll please, silver was down 8.79%. You have to be pretty much brain dead not to understand that silver is the center of the universe for JPMorgan et al...and has been since they began to cover their short positions in earnest last August.
Obviously, the CFTC has no interest to explain the price moves in silver in regulatory terms, or to reign in what appears to most as criminal market behavior. Also obvious is that this undermines the collective faith in our important institutions. That is a very bad thing."
Thank you,
David Oltman
