Another Position Limits Farce

by Theodore Butler
Silver Seek

Let me turn to the January 31 historic passage of the new proposed position limit regime as voted on by the CFTC. As I believe most regular readers are aware, the issue of position limits has been a singular concern of mine for decades, one to which I have devoted more attention and effort than I can describe. How could it not be, since the establishment and enforcement of legitimate speculative position limits is the one sure preventive measure against undue concentration and manipulation in silver? In terms of the issue of legitimate position limits, suffice it to say that not only have I been there and done that, I got every postcard and tee shirt possible.

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