There Goes Gold!

yep, according to our government only 'housing prices' are allowed to bubble up. Everything else is 'speculation'.

doesn't look like this has any bite:
“It’s a bad policy to propose regulations that the agency does not have the authority to enforce,” she said.

actually the "speculation" is in the shorts.JPM holds a silver short greater than50% of all available silver (an inverse Hunt brother position).The CFTC, under its goldie leadership, has been delayed the implementation of position limit mandated by the new financial law. they missed their deadline on purpose.If the limit is imposed, a massive short squeeze is on the book.

Everybody buy Silver and Brankrupt JPM !!!

>doesn't look like this has any bite:
“It’s a bad policy to propose regulations that the agency does not have the authority to enforce,” she said.

Agree.

This is a global asset, even if there were some way to imagine that the US had any or could create any authority.