By Theodore Butler:
There has been an explosion of interest and commentary these past few days as a
result of a front page story in Monday’s edition of the influential Financial Times
(of London). The story stated that the CFTC was set to drop its four year
investigation into alleged silver price manipulation due to insufficient evidence to
bring charges, according to three unnamed sources. I went to sleep Sunday evening
when the story first appeared prepared to wake up to similar and confirming
stories in other publications. Instead, there were no other stories confirming the
case was set to be dropped; only strong statements that the FT was story was
“premature” and “inaccurate in many respects” by a named source, Commissioner
Bart Chilton of the agency.
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