The True Reason Behind the CFTC’s Revocation of Exemptions in Position Limits in Wheat, Corn, and Soybeans

Last week, many analysts that were looking for some clue as to whether the CFTC will establish reasonable position limits in gold/silver futures markets and additionally not grant bullion banks (i.e. HSBC and JP Morgan) exemptions to these position limits in the near future were encouraged by the below CFTC press release. Washington, DC — The U.S. Commo…