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Ted Butler: Eureka moment
11:50a ET Tuesday, January 12, 2016
Dear Friend of GATA and Gold:
Volatile trading in silver, market-rigging opponent Ted Butler writes this week, suggests that the investment banks rigging the market are starting to compete with each other for smaller profits and that price suppression is getting more difficult.
Butler also condemns the U.S. Commodity Futures Trading Commission for not acting against the manipulation of the silver market, though if the U.S. government is behind that manipulation, either directly or through intermediaries, such manipulation would be legal under the Gold Reserve Act, which authorizes the U.S. Treasury Department's Exchange Stabilization Fund to rig any market in the world in secret:
https://www.treasury.gov/resource-center/international/ESF/Pages/esf-ind...
Butler's commentary is headlined "Eureka Moment" and it's posted at GoldSeek's companion site, SilverSeek, here:
http://www.silverseek.com/commentary/eureka-moment-15202
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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