Silver analyst Ted Butler is getting close to throwing in the towel on the CFTC's willingness to reign in the big four bullion banks manipulation of silver:
The behavior of the big 4 COMEX shorts on the next silver price rally will determine the nature of that rally, so their behavior will be monitored closely. But I will say this in advance - if the big 4 [JPMorgan] dramatically increase their short position on the next silver rally, I will have no choice but to conclude that the CFTC has crossed the line from being merely incompetent and unresponsive in their handling of the silver manipulation, to being clearly in cahoots with the silver crooks. I know many of you feel that way already, but this will be the litmus test for me.
