#1 Thu, Sep 22, 2011 - 9:05pm
CFTC May Alter Dodd-Frank Speculative Trading Limit CME Opposed
Doesn't appear to be indexed in any search engines, but it looks like the CFTC is really trying to do more than stall position limits. (What a shocker!) They're actually trying to claim that paper is in fact the same as physical... almost as if they bypassed being alchemists and just became gods able to convert any resource into the actual tangible product.
And of course, the CME is claiming that everything is getting better under the new regulations that have been delayed time and time again... each time watering down and weakening the requirements in whatever way they can dream up.
The silver beat down today... its a 10% discount. Welcome it, because its not going to last more than a few days to weeks...
Edited by: Captain Benny on Nov 8, 2014 - 5:04am