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Message: It’s the Message, Not the Messenger

It’s the Message, Not the Messenger

posted on Mar 18, 2010 07:35PM

ted butler writes about not being invited to speak to the cftc at next week's meeting:

The issue of legitimate position limits in silver and the short-side concentration is one that I have been involved with for 25 years. That there will be a public meeting to consider this issue is beyond my wildest dreams. Some will say that the lack of my presence at the meeting just proves the agency will never act on the silver manipulation. I don’t agree – yet. The jury is still out on that decision and we will learn the verdict soon enough.

There is a process at work here, as there always is in any important regulatory matter involving the federal government and where great financial outcomes are at stake. This meeting is part of the process, and the issue won’t be resolved on that day. I admit that the timeline has been agonizingly slow given that silver is a crime in progress. As much as we would like to accelerate the process, I think we should focus instead on the fact that there clearly is a process underway considering the issue of silver position limits. You have been an integral part of this process and it is imperative that you continue to participate. The message and the process are more important than the messenger and the time elapsed.

http://news.silverseek.com/SilverSeek/1268922778.php

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