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Silvercorp Metals Inc. Message Board

  • markedtofuture markedtofuture Nov 5, 2011 10:28 PM Flag

    Silver smashdown predictions impressed him, CFTC's Chilton tells King World News

    Submitted by cpowell on 02:46PM ET Friday, November 4, 2011. Section: Daily Dispatches
    5:45p ET Friday, November 4, 2011

    Dear Friend of GATA and Gold (and Silver):

    U.S. Commodity Futures Trading Commissioner member Bart Chilton today tells King World News that he has been impressed by silver market observers who have accurately predicted smashdowns in the price. Chilton adds that the public is entitled to an accounting of the commission's seemingly interminable investigation of the silver market, which he believes has been criminally manipulated. An excerpt from the interview has been posted at the King World News blog here:

    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/4_Bart_Chilton_-_There_is_Manipulation_in_the_Silver_Market.html

    Audio of the full interview should be posted there shortly.

    CHRIS POWELL, Secretary/Treasurer
    Gold Anti-Trust Action Committee Inc.

    With many lawsuits having been filed against JP Morgan for alleged manipulation of the silver market, today King World News interviewed CFTC Commissioner Bart Chilton.

    Commissioner Chilton was incredibly candid throughout the entire interview.

    As an example, when asked if there is nefarious activity (manipulation) going on or that has gone on in the silver market, Chilton responded, “I think there has been, Eric.

    I talked last year about this, I urged the agency to say something. I just think it’s fair that after so long, on an investigation that you’ve publicly announced, that you give some sort of update.”

 
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