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<p>[QUOTE=&quot;desertgem, post: 1290981, member: 15199&quot;]Well, perhaps you understand the proposals better than I, Even after reading about a dozen or so explanations from both sides, and the original documents at CME, I get the feeling that those calling for the position limits expect that the price of metals will go well upward because the &quot;speculators&quot; no longer have control and metals can seek their real high, blah,blah. Since this applies to the US only, London who has the majority of PM and Copper future contracts will continue merrily along doing what they have been doing. Most people haven&#039;t really dug into the regulations currently in effects for CME contract positions for (PHYSICAL) which are different than cash settled, or they might see that position limits on physical delivery contracts help reduce the volatility in the physical area, but it also can/likely reduce a metal bull market.</p><p><br /></p><p>Obviously people smarter than me have proposed this, but also there are smarter people than them who will find ways around it. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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