What a joke, the CFTC did not even know about the Deutsche Bank news that they admitted to manipulation gold and silver and several other banks were involved
Or maybe the CFTC just does not want to acknowledge it?
This is from GATA: """""Receiving no response, on Tuesday, April 19, your secretary/treasurer sent by facsimile machine a letter to the office of the chairman of the CFTC, Tim Massad, reading: "As I am unable to get any acknowledgement from your commission's press office, could you answer my questions here? Does the commission have any reaction to Deutsche Bank's admission to manipulating the gold and silver markets, as reported by various news organizations last week? Is the commission responding to Deutsche Bank's admission in any way? As you may recall, some years ago the commission reported that it had investigated the silver market and had found nothing improper. Is the commission reconsidering that conclusion? Thanks for your help."
Having received no acknowledgment of that letter as well, yesterday Friday, April 22 your secretary/treasurer telephoned the CFTC's press office and within a half hour of leaving a message received a cordial call back from an assistant to the director. He said he was unaware of the Deutsche Bank story and could find no reference to it in the commission's compendium of news reports of interest to the commission's work.
Your secretary/treasurer conceded that the story is being largely suppressed by Western financial news organizations and sent him the links to the Reuters and Bloomberg stories as well as a link to the original complaint in the class-action lawsuit. He said he would consult his superiors and hoped to reply to me next week.
Of course all this gives the impression that the CFTC not only doesn't know what's going on in its jurisdiction but also that it doesn't want to know.""""""""
www.gata.org/node/16404