No doubt the big bank shorts are pointing out to Gensler the "outrageous" long positions of some of the hedge funds and big specs. And demanding that position limits be put on the longs. After all, they're the ones ruining the fed's and treasury's plans and spiking the gold price out of all reason. Forget about inflation adjusted.

Spec long positions have been pointed out before as being out of whack without so much of a mention of the "outrageous" short positions of Morgan and Sachs. Maybe they're letting the PMs run as proof of their position to clamp down on the longs.

Should be a couple of weeks before we know what the CFTC is going to do. My bet is that the big boys already know and are behaving accordingly. Sure hope I'm wrong as I'm tired of bending over and grabbing my ankles for these guys.