ed steer comments on the cftc chairman:

The next story is from the Financial Times in London. The headline reads "CFTC 'Considering' Fresh Limits on Positions". The good news in the story is that the U.S. Commodity Futures Trading Commission may not be done setting position limits in futures markets with especially concentrated positions. The bad news is the suggestion that the commission's objective is to prevent an increase in commodity prices, not to liberate markets. You be the judge... and the link is here.

The last story quoted CFTC Chairman, Gary Gensler, quite a bit. Here's a CNBS interview by Maria Bartiromo with him as a guest. The $64,000 question is whether he will deal with the silver price management issue, where two U.S. banks are massively short the silver market [and the gold market]. Ted Butler thinks he is not only 'talking the talk, but walking the walk'... and he certainly sounds like he means business in all markets in this interview... but the acid test is how he will deal with silver. Absolutely nothing else matters, as the rest of the commodities are basically OK as they stand. The interview runs about seven minutes and the link is here.

http://www.caseyresearch.com/displayGsd.php