Tuesday, July 7, 2009

Oil, Gas Market Speculation May Face Restrictions

http://www.bloomberg.com/apps/news?pid=20601087&sid=aIEgmYChpWg8

Oil, Gas Market Speculation May Face Restrictions (Update4)
By Tina Seeley

July 7 (Bloomberg) -- U.S. regulators say they may clamp down on oil and gas price speculators by limiting the holdings of energy futures traders, including index and exchange-traded funds.

The Commodity Futures Trading Commission will hold hearings this month and next to explore the need for government-imposed restrictions on speculative trading in oil, gas and other energy markets, Chairman Gary Gensler said today in a statement. ..more


How about gold and silver shorts?