Wednesday, January 26, 2011

New Gold, Silver Rules, Little Change

http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=17219

The CFTC is at best, toothless, and at worst, corrupt.  Nothing here folks.  Forget about market transparency and fair price discovery mechanisms.  The markets are rigged, and will remain so, to the benefit of big bullion banks--and to the detriment of investors and industrial consumers.  The proposed position limits for commodities futures contracts in the Dodd-Frank Wall Street Reform and Consumer Protection Act are a smoke screen.  Investors will exit while the predators on Wall Street will feed upon each other.

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