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Ted Butler: Morgan corners gold long after cornering it short
9:49p ET Friday, August 9, 2013
Dear Friend of GATA and Gold:
Silver market analyst and rigging whistleblower Ted Butler writes tonight that JPMorganChase now has cornered the gold market long just as some months ago it cornered the market short. Butler remains perplexed as to why U.S. regulators don't do anything about market cornering in the monetary metals. He doesn't seem to grasp the possibility that price rigging in the monetary metals is essentially a central bank operation and that investment houses and bullion banks act as government agents and camouflage. But at least he reliably points out what ordinarily should be impermissable concentration in those futures markets. Butler's commentary is headlined "Cornering the Gold Market" and it's posted at GoldSeek's companion site, SilverSeek, here:
http://m.silverseek.com/commentary/cornering-gold-market-12374
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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