From GWR1's Ed Steer post this morning
The Commodity Futures Trading Commission is moving toward adopting a proposal in early December to rein in excessive speculation in energy markets by setting hard limits on positions investor entities can hold in a contract.
"I think there will be" position limits, Chilton told Reuters in an interview.
"I don't want to prejudge where we'll be specifically but if I had to guess where we'll come out ultimately I believe that there will be hard position limits ... for energy commodities and for other physical commodities" such as metals, he said.
Da boyz stand to lose a large amount of money if they don't bring the POG below $1000, and based on the above changes coming, the November closing could be their last chance to reduce their short positions in gold and silver.
Hope it doesn't happen, obviously.