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Message: hell must have frozen over

hell must have frozen over

posted on Sep 25, 2008 06:43AM

that's the only way i can explain this news story. the cftc is finally going to investigate the allegations of manipulation in the silver market. it seems that 2 banks selling 130 million ounces of silver in july was too much even for them to believe. the entire article is worth reading, but here is a notable part of it:

That the enforcement rather than oversight division is taking on the issue marks a difference from the CFTC's previous efforts regarding the silver market. The oversight division performs overall market surveillance. The enforcement division looks at activities in a specific time period.

http://online.wsj.com/article/SB1222...

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