CFTC Concludes No “Viable Basis” for Silver Manipulation Case

Summary: The Commodities Futures Trading Commission (CFTC) recently concluded a very high profile, 5-year investigation into silver market manipulation. In closing the investigation that’s caught the attention of many bullion investors, the regulatory agency commented that there was no “viable basis” for pursuing a case against individuals or companies. The investigation began back in 2008 when investors and other market players started complaining about pricing discrepancies between physical silver markets and the $19 billion futures market. These participants asserted that some large banks were acting to suppress the physical price so they could profit from their “short” positions. Read more about this decision.