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Phil A
Member since May 2012
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has posted a comment on the article :
>Defeat of Position Limits Direct Threat to Precious Metals Potential  - James West - Midas Letter
If the limit rule was imposed and the predictable collapse then happened, then Mr Chilton and his mates would be made scapegoats by the powers! At least this way when the said collapse occurs it will be Jamie D and his chums firmly in the firing line.

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Beginning of the headline : I can’t say as I’m surprised by the announcement late Friday that lobbyists representing JP Morgan, Goldman Sachs, and Morgan Stanley, among others, had successfully obtained a judgement quashing the proposed position limits on speculative traders in commodities. According to Bloomberg: “U... Read More
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