CFTC’s Chilton sees 'numerous' silver manipulation efforts
Oct 26, 2010 at 10:01 PM
DailyBail in Silver, cftc, chilton, gold, gold

1 Year Chart of Silver - Sorry for the weak chart...


Link - Marketwatch

WASHINGTON (MarketWatch) — A federal futures regulator said Tuesday he believes there have been numerous attempts to fraudulently influence silver market prices, and he urged the agency to prosecute those who may have violated commodities laws.

Bart Chilton, a commissioner at the Commodity Futures Trading Commission, made his comments Tuesday at the start of a public meeting where the agency will be proposing new rules to strengthen its anti-fraud and anti-manipulation powers.

“I believe there have been repeated attempts to influence prices in the silver markets,” he said. “There have been fraudulent efforts to persuade and deviously control that price.”



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