We know now that LIBOR is managed not by the market, but by the global neo-soviet. This is is just the way things are. And so, while the silver community is currently debating whether or not reports from the Financial Times about the end of the silver-probe are “accurate and premature,” they are distracted from The Big Picture. As TF Metals narrowed down the options,
So, what are we to make of all this? It would seem that we are left with these possibilities:
- The story is true and accurate and the CFTC silver investigation will soon close with nothing done.
- The story is inaccurate and is simply shoddy reporting by the crew at the Financial Times.
- The story is inaccurate and was deliberately placed in order to influence a certain outcome. Rationale for this ranges from: a) An attempt to initiate another Sunday Night Massacre, b) An attempt to draw in additional SpecShortSheep in advance of lower margins today, c) An attempt to influence the CFTC to conclude the investigation ahead of “schedule” in September, d) An attempt to influence the civil court into dismissing the class action suits against JPM, e) anything else you can think of.
What most silver investors don’t understand is that the political risk tied to silver is enormous. It can be reason enough not to buy the metal as an investment. In 1873, through the Crime of 1873, as silver was taken out of the banking system, millions lost their savings. Mostly farmers. That is called genocide. Genocide first against the silver holders. That took place back in the day when JP Morgan and the Rockefellers, thanks to elite European sponsors, were in charge. They still are in charge. The U.S. government, as it did then, will persist as a tool of the ruling class, even if it means enforcing genocide. If the silver probe puts JP Morgan at risk, it will bring no justice. If the silver probe puts the Dollar System at risk, it will be squashed.
The debate really started up when Silver Doctors due-diligently emailed Bart Chilton for a response. Way to be on your toes, Doc. On Monday morning in London, he posted Commissioner Chilton’s response:
‘There has been no such decision. I’ve been on the blower with some reporters saying what I can about the inaccuracies. Hopefully there will be a story or two that contains some of this.
The Financial Times report related to silver is not only premature, but inaccurate in several respects.
Whenever the CFTC does take an action or actions related to our silver investigation, I am hopeful that we will do so in a fulsome and transparent manner. That will certainly be my desire in anything we do.
I continue to believe, consistent with my previous statements to which you referred, and based upon information from the public, that there have been devious efforts related to moving the price of silver. Incidentally, I also believe there have been silver and gold market anomalies outside of the silver investigate window that have raised, and continue to raise, market concerns.
Perhaps there will be more coverage on this matter soon.
At TF Metals, many “Turdites,” as members of the community are lovingly called there, reported receiving the same message from Bart Chilton at the CFTC. Emotions regarding Chilton are mixed within the community, with some seeing him as a champion of the little guy from within the beast, as he has on numerous occasions acknowledged evidence of silver manipulation, while others see him as a shrill or misinformation agent or just plain powerless.
In my opinion, if Bart Chilton were a whistle-blower with compromising information he would be a more tragic character. Moreover, the message everyone has purported to receive were certainly not sent by a Bart Chilton inconvenienced on a Sunday Night/Monday Morning, but an intern or some sort of High Frequency Intern Bot. Bart Chilton is knight in shining armor.
Not too long ago, The Dollar Vigilante published a report in the wake of the passage of Audit The Fed. They entitled the piece “Auditing the Fed is Like Auditing a Mafia Counterfeiting Operation.” In it, the Dollar Vigilante writes: Read more>> No Matter What Comes of CFTC Silver Probe, Too Big To Fail Will Prevail | Silver Vigilante