Monday, August 06, 2012

Four-Year Silver Probe Set to be Dropped

CNBC citing the Financial Times reports: “A four-year investigation into the possible manipulation of the the silver market looks increasingly likely to be dropped after US regulators failed to find enough evidence to support a legal case, according to three people familiar with the situation.

The Commodity Futures Trading Commission first announced that it was investigating “complaints of misconduct in the silver market” in September 2008, following a barrage of allegations of manipulation from a group of precious metals investors. …”  (More)

View the entire article at the link below.

CNBC cites Jack Farchy in London and Gregory Meyer in New York as responsible for the above article. Source: CNBC
http://www.cnbc.com/id/48521012 

Other, similar stories:

Business Insider
http://www.businessinsider.com/cftc-to-drop-silver-probe-2012-8 

Reuters
http://www.reuters.com/article/2012/08/06/us-comex-silver-manipulation-idUSBRE8750B020120806


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