Anyone have info on CFTC Cease & Desist Order to JPM?
Do you really think that is relevant?
Footnote from: “The Creature from Jekyll Island” by G. Edward Griffin:
“1. That is not hyperbole. All fiat money is counterfeit. Furthermore, there is
evidence that the CIA and the DEA have been deeply involved in the smuggling of
illicit drugs. The money derived from those drugs was apparently laundered
through Panamanian branches of U.S. banks and used to finance covert operations
in Nicaragua and elsewhere. Virtually all governments have been involved in
activities that would be criminal offenses if committed by ordinary citizens.”
In case you haven’t noticed recently, the USA is no longer governed by the “rule of law”.
The following is another quote from the same book:
“And so we find that, in The New World Order, inflation has
been institutionalized at a "modest" level of five per cent. Once in
every five or six generations-as prices climb higher and higher-a
new monetary unit can be issued to replace the old in order to
eliminate some of the zeros. But no one will live long enough to
experience more than one devaluation. Each generation is unconcerned
about the loss of the previous one. Young people come into
the process without realizing it is circular instead of linear. They
cannot comprehend the total because they were not alive at the
beginning and will not be alive at the end. In fact, there need not
even be an end. The process can be continued forever.
By this mechanism-and with the output of work battalionsgovernment
can operate entirely without taxes. The lifetime output
of every human being is at its disposal. Workers are allowed a color
TV, state-subsidized alcohol and recreational drugs, and violent
sports to amuse them, but they have no other options. They cannot
escape their class. Society is divided into the rulers and the ruled,
with an administrative bureaucracy in between. Privilege is now
largely a right of birth. The worker class and even most of the
administrators serve masters whom they do not know by name.
But serve they do. Their new lords are the monetary and political
scientists who created and who now control The New World
Order. All of mankind is in a condition of high-tech feudalism.”
Notice the reference to “drugs” above, in case you thought it is of any concern to those that might regulate JP Morgan’s money laundering. They never pursued it in the case of HBSC. Why would it matter now?
Trouble is that even SLW is operating on fiat money which is in cyberspace somewhere.. Get the real stuff while you can and dont put it in a bank vault.. SLV claims your silver is safe in a vault somewhere in England and I hope you dont believe that crap.
For anyone who wondered, the banksters are above the law- just ask Mr. Dimon and his Presidential cufflinks.
DC District Court Judge Robert Wilkins this afternoon threw out the CFTC’s position limits rule, scheduled to go into effect Oct 12th.
The metals manipulation will only end when FREE MARKET FORCES OVERWHELM the bullion banksters.
IT IS TIME TO FIGHT BACK BY EMPTYING EVERY LAST DOLLAR OUT OF EVERY ACCOUNT YOU OWN- CHECKING, DEPOSIT, STOCK, RETIREMENT- AND TAKE DELIVERY OF PHYSICAL SILVER!!!
(Reuters) – A U.S. judge handed an 11th-hour victory to Wall Street’s biggest commodity traders on Friday, knocking back tough new regulations that would have cracked down on speculation in energy, grain and metal markets.
Judge Robert Wilkins of the U.S. District Court for the District of Columbia threw out the U.S. Commodity Futures Trading Commission’s new position limits rule, and sent the regulation back to the agency for further consideration.
Wilkins ruled that, by law, the CFTC was required to prove that the position limits in commodity markets are necessary to diminish or prevent excessive speculation.