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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: cycleupcycledown who wrote (14850)3/2/2011 8:02:54 AM
From: GROUND ZERO™  Respond to of 222293
 
That's just so they can pump it up to short at a higher price...<g>

GZ



To: cycleupcycledown who wrote (14850)3/8/2011 8:28:40 PM
From: cycleupcycledown  Respond to of 222293
 
Charlie Sheen loves tiger blood, machetes and goddesses. But is he also a closet commodities fan?

A person writing under the name “Charlie Sheen,” the disgraced sitcom actor, filed a comment with the Commodity Futures Trading Commission last week, and he recommended the agency adopt more conservative position limits on derivatives tied to silver.

Market participants were buzzing about the appearance of Sheen’s name in the otherwise low-gloss world of commodities.

(It’s not as though silver bugs, already a crew prone to conspiracy theories about speculators and market manipulation, needed more reasons to worry.)

CFTC spokesman Dennis Holden was unable to confirm that the March 1 filing was posted under a bogus name. The letter attributed to Charlie Sheen was erased from the agency’s archives on Tuesday following inquiries from Dow Jones Newswires.

An identical memo was posted under the name of David J. Dunak, a self-described silver investor, on Feb. 24. In an interview on Tuesday, Dunak said he took cues for his wording from precious metals commentator Ted Butler. Other comments on the CFTC website also contain language that mirrors Butler’s online commentary.

It’s possible other silver investors also picked up similar language from Butler — even a sitcom star recently fired from his day job, or stand-ins for Sheen.

On the website SilverSeek.com, Butler invites readers to “rattle on the cages” of the CFTC, among others, and lists the email addresses of CFTC staffers “for those who wish to contact the regulators.” He provides a separate sample letter for regulators on the website of Investment Rarities Incorporated.

An email to Butler Research LLC, Butler’s publishing company, was not immediately returned Tuesday.

Representatives at CBS, the network airing Sheen’s former sitcom “Two and a Half Men,” didn’t immediately return requests for comment. Sheen couldn’t be reached.