Monday, August 6, 2012

CFTC announces investigation of silver price manipulation

 Buy silver!
The U.S. Commodities Futures Trading Commission has announced an investigation into silver price manipulation.  Just wait until the usual truthers get a load of this news!  This could send silver prices up to prices never before seen on the commodities trade:
http://www.marketwatch.com/story/us-expected-to-drop-silver-price-probe-report-2012-08-06 
This is going to be a nightmare if silver prices are allowed to have free course after being manipulated since 2008.  Analysts say that if there has been naked shorting in the silver trade then look for prices to go much higher soon.

No doubt this news is going to start a buying frenzy of this industrial and precious metal. 

UPDATE:  NO ONE IS COVERING THIS in the "TRUTHER" community.  That's extremely strange.  None of the usual subject like Sean Turnbull or this "BrotherJohnF" or the usual big silver gurus are covering this.  Not even King World News!  

Here's a guy that's covering this but it looks like the CFTC was warned not to pursue this action.  Therefore I would expect GOLD and SILVER prices to go down some more:



...developing...