The CFTC will be having meetings once a week in the month of December to discuss survelliance and enforcement matters concerning the Dodd reform bill and the Volcker rule.
Keep a keen eye on these dates as they can have an effect on precious metal prices.
Don’t forget the intraday correction that silver and the other precious metals had the day the CME made a sudden announcement on margin requirment changes when silver was bee lining to $30 last month.
Now that silver has broken well past the $30 mark, and the big banks are shelling out millions of dollars to keep their short positions it’s anyones guess as to what rules will change to safegaurd the big commercials to prevent another financial emergency.
The meeting dates for the CFTC are as follows;
You can see the dates for your self on the CFTC website for yourself here;