it sounds like the cftc may place some limits on energy futures, but not on metals. the bullion banks have too much influence in washington to allow that to happen:

The Commodity Futures Trading Commission was holding the first in a series of hearings on the subject on Tuesday.

"I believe we're going to do something," Bart Chilton, one of the four CFTC commissioners, said in a recent interview. "I would be extremely surprised if we don't take some action to set hard limits" on energy futures contracts held by speculators, as well as those in metals.

CFTC Chairman Gary Gensler sounded less certain about the outcome. "My firm belief is that we must aggressively use all existing authorities to ensure market integrity and efficiency," he said.

Agency spokesman Scott Schneider that if the CFTC adopted new restrictions, it likely would happen in late summer or early fall. Specifically, the agency is weighing whether to restrict the amount of trading in energy futures by those who are solely financial investors.

http://www.startribune.com/business/51808602.html