ted butler continues to document the ongoing market manipulation on the comex:

There are compelling questions that go along with the evidence of manipulation in silver.

1. What is the economic justification for such a large silver short?

2. Why would a U.S. bank hold such a large silver short position?

3. How can such a large short be closed out in an orderly price manner?

4. If this concentrated short didn’t exist, what would the silver price be?

5. Why does silver have the most extreme concentration of all?

These are the questions that the regulators need to address. If you agree, I would ask you to press them for the answers. This week, President-elect Obama named a new chairman to lead the CFTC, Gary Gensler. This is an ideal time to resolve the allegations of silver manipulation. If simple questions were publicly raised concerning Madoff ten years ago, much damage would have been prevented. The time to ask about silver is now.

Wlukken@cftc.gov

Mdunn@cftc.gov

Bchilton@cftc.gov

Jsommers@cftc.gov

Alavik@cftc.gov

Sobie@cftc.gov

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