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Message: CFTC's Bart Chilton regarding silver concentration

It is 6:30 pm. Thursday November 15th and I'm just now watching the Willis Report on Fox News and Bart Chilton just said that 1 1/2 hours ago the CFTC took legal action to overturn the judicial order that suspended the agency's proposed 10% position limits ( I almost fell off my chair!). Jerry Willis called it "countersuing" and Bart not only did not correct her words, but he added to her words by saying in no uncertain terms that the agency is not going to let speculators, especially those who control over 30% such as in the silver market ( he specifically mentioned silver!), interfere with the agency's implementation of the Dodd Frank law as it pertains to limiting speculators from controlling a commodity price by having positions that are too large (more than 10%). He also mentioned the thousands of complaints that the agency has received about silver! Looks like we're about to find out if the CFTC is actually tired of dealing with this matter and actually has some teeth left after JPM and the CME have been kicking them out!! Let's hope this issue is about to be resolved once and for all! If the silver price resets to the proper level say north of $100 that should be the catalyst to propel gold to at least $2000 or higher and then with a little early drilling luck, this nightmare of a JR miner called SFMI will have an inherent value will be too hard for some big producer to ignore - right BOUTS! Khaki

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