Wednesday, February 24, 2010

CFTC to holding hearing on position limits

The CFTC will be holding a hearing on March 25 to examine position limits in the gold, silver and copper futures markets. I've blogged a few entries on the need to limit and enforce concentrated positions in commodities markets in order to prevent price manipulation, including this entry yesterday: http://gregnguyen.blogspot.com/2010/02/gold-and-silver-suppression-confirmed.html (the original link was incorrect--click on it again).

http://www.gata.org/node/8364


Let's see if anything positive comes out of this meeting. I'll post the results when available.

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