A brief quote from Ed's remarks today concerning the Whistler:

"The metals space is abuzz with a CFTC "comment letter" posted on its website by an alleged "current JPM employee." There is only one problem - this letter is either a complete fraud or simply a total mockery, as it provides absolutely nothing new, and merely regurgitates existing manipulation claims already out in the public domain, and backed by precisely zero evidence."

"Needless to say, anyone can submit such an alleged insider letter, and since there is no name associated to it, we would advise everyone to merely enjoy this a prank attempt."

There may, in fact, be more to this than meets the eye...but the fact that I was born right smack dab in the middle of Missouri, made me question it immediately...and for the same reason stated above.

But, as I told one of my readers in an e-mail last evening..."when someone with all the numbers on JPMorgan et al's silver and gold rigging operation steps up to the plate with the last 12 months of trading data, then I'll be a believer."

Words in quotes are from Tyler Durden who apparently is a respected source. So it would appear that the fact that the CFTC chose to publish this on their own letterhead means little or nothing. I find that difficult to understand but, of course, that is not the only thing about this whole matter that I do not understand.