Silver market analyst Ted Butler, interviewed by Jim Cook of Investment Rarities, details his conclusion that JPMorganChase is behind the rigging of the silver futures market and has managed to amass a huge physical stockpile of the metal. While the U.S. Commodity Futures Trading Commission conducted a years-long investigation of the silver market and found no impropriety, Butler notes, the U.S. Justice Department has gotten a confession from a former trader for JPMorganChase that he manipulated both the gold and silver markets during the CFTC's investigation and did so with the knowledge of his superiors.
The interview is headlined "On the Hot Seat" and is posted at GoldSeek's companion site, SilverSeek, here:
http://silverseek.com/commentary/hot-seat-17609
