Well,

I spent the day watching a webcast of the CFTC's hearing into position limits on precious metals and allegations of manipulation. GATA's Murphy spoke of emails detailing a whistleblower's proof of metals price manipulation, and promised to deliver copies of those to the media afterward. We'll see what kind of coverage that gets.

Otherwise, it was predictable hearings fare, with representatives of the bullion banks and other "establishment" organizations ridiculing the notion either of limits, or speculation.

CFTC Chairman Gensler didn't tip his hand as to his sentiments. Commissioner Chilton seems to buy the manipulation argument. Other commissioners seemed to be clueless on differing levels.

Anyone else watch this theater? Thoughts?