The current investigation has been running for 6 months and according to Commissioner Bart Chilton it is making progress, whatever that might mean. The apparent lack of urgency and an investigation moving at the speed of molasses means that every day mining companies struggle for survival and investors struggle to remain invested, and traders and investors in precious metals are robbed by the Pirates of the COMEX. It is an outrage.

Ted Butler has been instrumental in bringing this to the fore of investor's attention ... he has advocated many people writing to Mr. Chilton to start the investigation.

Since it is evident that time is not of the essence maybe a letter writing campaign to Mr. Chilton asking something which takes less time to investigate and can useful as a basis for assessment.

A very simple question in my mind like the following

What percentage of futures contracts held by an individual of the total annual production of a commodity should (A) provoke an investigation and (B) be considered market manipulation for a non producer of the commodity? The same could be asked for a producer since they also could desire to manipulate the market.

There seems to be some guidance by looking to such things as bank ownership, which if I'm not mistaken, and individual can not 10% or more ... (please correct me if I am wrong) ... what is good for the banking industry would seem relevant for commodities as well.

given the excellent article also provided by casey

http://agoracom.com/ir/300/forums/di...

there is no reason for the commissioner to believe manipulation isn't possible ... set some guidlines make it easy for people to be able to trust the system!!!!!

orgy