This is an opinion piece from the New York Times. It pretty much encapsulates what has been happening in the silver market.
The most fascinating part of this is the absolute inability or unwillingness of the CFTC to take any kind of action against big banks and position limits. Read CO-OPTED here. The good guys have the evidence, they have called the CFTC's bluff, and yet not one thing ever happens. Your government masters serve banker interests, not yours. That is clearly evident. http://opinionator.blogs.nytimes.com/2011/03/02/a-conspiracy-with-a-silver-lining/?hp
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5 comments:
They "have the evidence"? Please show proof of that.
The question is fair. I will find the link on Maguire's story and his allegations. It was rather compelling...
Brian
First. http://www.kingworldnews.com/kingworldnews/G+_Articles/Entries/2010/3/30_A_LONDON_TRADER_WALKS_THE_CFTC_THROUGH_A_SILVER_MANIPULATION_IN_ADVANCEBy_Andrew_Maguire.html
After precisely describing what would happen on a given date, Feb. 5, the CFTC ignored Maguire. He wanted to testify at a CFTC hearing and they refused to invite him. Maguire is friends with JP Morgan insiders. This is the archived podcast on KWH. It has been over a year and they still have not (CFTC) installed position limits.
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
I'll throw this link is as well on gold.
http://www.financialsense.com/contributors/dimitri-speck/phases-of-secret-gold-policy?sms_ss=email&at_xt=4d6ea472afe57c94%2C0
Ah hell...this too...
http://harveyorgan.blogspot.com/2011/03/part-comex-tradingsilver-scandal-goes.html
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