"COMMENTS FOR THE COMMISSION FOR THE PUBLIC HEARING ON THE METALS MARKETS, March 25, 2010

"This will be of interest to holders of SLV & GLD ETFs! Apart from proof of market manipulation in the metals markets.

"Best regards and thanks for your valuable service."

David Fuller's view Thanks - your continued interest in Fullermoney is appreciated.

We have also received this link, or similar, from several other subscribers recently. Eoin and I had been wary of posting it because we have seen no significant references to the subject in the institutional research received. I post it today, just to let subscribers know that I am aware of the discussion.

Stories of gold and silver price manipulation have circulated for many years and it is probably a case of 'no smoke without fire'. Unfortunately, a degree of market manipulation is very common in all markets, but it is also hard to define. At the risk of sounding like Bill Clinton during the Monica Lewinski hearings: "It depends on what the meaning of the word is means." A loose definition of market manipulation would cover everything from 'pump and dump' - to government intervention in forex, bond or equity markets - to bear raids, etc.

I have been a gold bull, off and on, since the 1970s and not least during the last decade. However I do not feel that I am being cheated out of some telephone number price long forecast by congenital gold bugs. To paraphrase Clinton this time: The price is what it is. That is the real world in which you and I live. If we keep our analytical feet on the ground and our eyes on the price charts, we should at least survive the more difficult challenges and hopefully thrive from time to time.