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 | Theodore Butler - Butler Research |
| A Secret and Illegal Agreement |
| There certainly doesn’t seem to be a shortage of outrageous behavior recently, when looking at reports of an older Asian-American doctor being dragged off a plane. But where visual images cap a sense of outrage that has crept into the flying experience, sometimes bad behavior is not always captured on phone cameras. Sometimes you have to step back and think about things by reading and considering all the facts. Last week, I asked you to consider writing to the CFTC and your elected representativWednesday, April 19, 2017 |
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 | Adrian Ash - Bullion Vault |
| Gold Fix Dead. Long Live the London Fix |
| Gold Fix dies in London, aged 100. Immediately gets up & carries on...
THURSDAY 19 March will see the last ever London Gold Fix, the 100-year old process for finding and publishing the daily gold price, writes Adrian Ash at BullionVault.
Why, and what will replace it?
Here at BullionVault – the physical gold and silver exchange for private investors – we ourselves are a regular customer of the Gold Fix, buying or selling metal to re-stock or flatten the trading float we use to meet custThursday, March 19, 2015 |
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 | Jesse - Le Cafe Américain |
| Michael Greenberger: Setting the Stage For the Next Wall Street Crisis |
| Michael Greenberger has long been one of my favorite commenters on regulation, and in particular on futures price manipulation.
Within the context of the uphill battle against the status quo, Gary Gensler and Bart Chilton may have looked 'good' as regulators, but all in all they looked better only by comparison with some very horrible alternatives. Chilton, as you may recall, did not waste much time going through the revolving door to put on the feedbag from the HFT crowd.
Tuesday, February 10, 2015 |
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| Jesse - Le Cafe Américain |
| Lawsuit: CME Futures Market Creates 'Guaranteed W... |
| How appropriate that this morning Bart Chilton is appearing on Bloomberg TV with Terry Duffy, President of the CME, laughing it up with the 'news anchors' about 'Why Today's Markets Are Better Than Ever.'
I suppose that the US markets of today are quite efficient and effective.
The public may just not understand in 'what way' they are intended to be efficient.
And may the odds be always in your favour.
As George Carlin said, "it's a big club, and you aren't in it."
This is a very brief exThursday, November 6, 2014 |
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 | Chris Powell - GATA |
| Ned Naylor-Leyland: Journalist can and should publish his report on silver rigging |
| Last week I wrote about financial journalist William Cohan's unpublished article about silver market manipulation and a regulatory cover-up. This week Cohan has claimed that lawyers for London metals trader and market-rigging whistleblower Andrew Maguire were stopping him from publishing his article.
Cohan is demanding that the main perpetrator of metals manipulation (the institution also known as Voldemort) be named specifically in the article. Without this, Cohan says, he won't publish.
ContTuesday, September 30, 2014 |
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| Theodore Butler - Butler Research |
 The Silver Conspiracy  |
| It’s now going on close to 30 years since I first discovered that silver was manipulated by excessive and concentrated short selling on the COMEX. I remember the exact moment like it occurred yesterday. It’s hard to believe I was in my 30’s when this started. As I’ve explained previously, I was looking for an answer to Izzy Friedman’s question as to how and why silver prices remained so low when the market was in a supply/demand deficit.Tuesday, July 15, 2014 |
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| Silver - Butler Research |
| The Silver Conspiracy |
| Tuesday, July 15, 2014 |
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| Silver Price Manipulation - Butler Research |
| The Silver Conspiracy |
| Tuesday, July 15, 2014 |
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| Theodore Butler - Butler Research |
| The Silver Conspiracy |
| It’s now going on close to 30 years since I first discovered that silver was manipulated by excessive and concentrated short selling on the COMEX. I remember the exact moment like it occurred yesterday. It’s hard to believe I was in my 30’s when this started. As I’ve explained previously, I was looking for an answer to Izzy Friedman’s question as to how and why silver prices remained so low when the market was in a supply/demand deficit. Through no great accomplishment on my part, aside from havMonday, July 14, 2014 |
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| Jesse - Le Cafe Américain |
| Gold Daily and Silver Weekly Charts - The Mother of Madness - Bart Through the Revolving Door |
| “Most men would rather deny a hard truth than face it.”
“A toast to the proud Lannister children: the dwarf, the cripple, and the mother of Madness.”
Tyrion Lannister, Game of Thrones
The lid has been shut down on silver with some serious force.
Gold continues to come in to the Comex warehouses to buttress them for the April delivery which proceeds. If there is so much loose gold, as Shill & Troll have asserted, then why can't the Fed return Germany's gold for seven years?
The games wTuesday, April 15, 2014 |
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 | James West - Midas Letter |
| Understanding (and Ignoring) the Media Bandwagon Against Gold |
| For those of us who media often refers to as “gold bugs”, the fragility of popular sentiment toward not just gold and silver, but toward all investments generally, is the biggest barrier to a sane, free and fair market. The willingness of the majority to embrace opinions parroted by mainstream media and repeated dutifully by talking heads and other erstwhile shills for U.S. dollar interests simply because they are far more numerous than negative ones, and are delivered by talking heads who managMonday, April 14, 2014 |
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| James West - Midas Letter |
PDAC Epilogue and More Bullish Gold Signals  |
| I haven’t seen the official numbers yet, but I’m betting the PDAC saw substantially fewer delegates than in years past – a sure sign that the great unwashed have yet to comprehend that the TSX Venture in general and precious metals stocks in particular are in the early stages of a bull market. The newsletter writer’s hall was half full, the aisles in the investor exchange were un-crowded, and you could fly into Toronto any night of the show and find a downtown hotel room.
Most of the writers I lTuesday, March 11, 2014 |
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| Theodore Butler - Butler Research |
 What Really Happened To Bear Stearns |
| Six years ago the well-known investment bank Bear Stearns imploded. In February 2008, Bear Stearns stock traded as high as $93; by mid-March the insolvent company agreed to be taken over by JPMorgan for $2 a share (later raised to $10 after class-action lawsuits). In the annals of Wall Street, there was hardly a more sudden demise than the fall of Bear Stearns. The cause was said to be a run on the bank as nervous investors pulled assets from the firm. Bear Stearns was said to be levered by 35 tTuesday, February 18, 2014 |
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| Chris Powell - GATA |
| Angry Bart Chilton takes his parting shot |
| By William D. Cohan
Bloomberg News
Tuesday, December 24, 2013
After almost 30 years in Washington, Bart Chilton will soon be taking his leave. For the past 6 1/2 years he has been an outspoken member of the Commodity Futures Trading Commission, one of the financial industry’s most important regulators.
Chilton leaves behind a sobering message: As we long suspected, Wall Street continues to use every trick in its playbook to do whatever it can to eviscerate numerous post-financial-crisis rules. TTuesday, December 24, 2013 |
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| Jesse - Le Cafe Américain |
Bart Chilton Says Goodbye - The Essence of NeoLiberalism and the Sorcerer's Apprentice  |
| What I find almost remarkable is how deeply neo-liberalism has influenced almost all modern economic thought, even among those who might blanch at that appellation. After all, we become what we hate, because that is where our mind is directed most often.
I was reminded the other day of the critique which Chris Hedges had leveled at the 'new Atheists,' on how in their argument and methods they were almost indistinguishable from the radical religious right.
So too I have been reminded of theTuesday, December 24, 2013 |
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 | Bron Suchecki - Perth Mint |
| The difficulty of proving manipulation |
| When the CFTC announced in September that it has closed its investigation into misconduct in the silver market, the predicable response was that a finding of no manipulation was to be expected as US regulators and government are corrupt and they had to protect JPM blah blah blah.
However a closer reading of the announcement indicates that the CFTC did not actually find there was no manipulation. They said that "based upon the law and evidence as they exist at this time" there was no "viable baMonday, December 23, 2013 |
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 | JS Kim - Smart Knowledge U |
| How the Ruling Elite Play the Naive for Chumps |
| For over a decade now, allegations of JP Morgan manipulating the price of paper silver have persisted only to have Jamie Dimon and Blythe Masters firmly deny every allegation. In recent years, CFTC Commissioner Bart Chilton had also publicly stated his frustration with manipulation of silver prices, though he was always very careful never to name JP Morgan as the culprit. Still, Chilton made some damning accusations in regards to silver manipulation,
“For me, there’s not been a more frustratingWednesday, December 18, 2013 |
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 | Chris Martenson |
| How Markets Are Rigged Against You |
| Well, the idea of markets being rigged is pretty much coming out of the woodwork now, and the fact that it is indicative of too much power being concentrated into the hands of too few people, especially moral people, is gaining acceptance.
You know, historically we've seen this over and over again, and many times it has not ended all that well for the 'money changers.'
Here's the 'meme' being presented in Canada by CBC.
How markets are rigged against you
Dec 9, 2013
Every day, trillions of dollaWednesday, December 18, 2013 |
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 | Jeffrey Lewis |
| Stockholm Syndrome and the Precious Metals Price Discovery |
| The level of fraud in the financial system with utter lack of prosecution or accountability, combined with the ongoing love affair between the largest offenders and collective mainstream, results in financial media being a victim of the so-called Stockholm syndrome.From Wikipedia:Stockholm syndrome can be seen as a form of traumatic bonding, which does not necessarily require a hostage scenario, but which describes “strong emotional ties that develop between two persons where one person intermitFriday, November 8, 2013 |
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| Chris Powell - GATA |
| Financial interests finally get rid of CFTC's Chilton |
| Bart Chilton, the member of the U.S. Commodity Futures Trading Commission who long has complained about manipulation of the monetary metals markets and has vigorously advocated more restrictive position limits for commodity traders, announced today that he will retire from the commission soon:
http://www.cftc.gov/PressRoom/SpeechesTestimony/chiltonstatement110513#s...
In his formal statement presented at today's CFTC meeting, Childton said: "Early this morning I sent a letter to the president exTuesday, November 5, 2013 |
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