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Morgan trader's confession, CFTC's stonewalling reviewed by GATA secretary
10:21a Sunday, December 23, 2018
Dear Friend of GATA and Gold:
Interviewed Friday by Chris Marcus of Arcadia Economics (https://arcadiaeconomics.com), your secretary/treasurer discussed recent developments in gold and silver market rigging by the U.S. government, its agents, and others. Among them:
-- The confession by former JPMorganChase trader John Edmonds; whether he will incriminate the bank's former commodities desk chief, Blythe Masters; and the possibility that the bank was front-running government trades brokered by the bank.
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-- Silver market analyst Ted Butler's longstanding accusations of market rigging against JPMorganChase and the bank's refusal to sue him for libel or otherwise rebut him.
-- The efforts of former U.S. Commodity Futures Trading Commission member Bart Chilton to force the commission to hear GATA formally at a commission hearing.
-- The failure of the CFTC's long-running investigation of manipulation of the silver market in light of the confession just obtained by the Justice Department from the former JPMorganChase trader.
-- The refusal of CFTC to answer GATA's questions as to whether the U.S. government and other governments are secretly trading U.S. futures markets and whether this trading is subject to the commission's jurisdiction.
-- The possibility of an international currency revaluation including gold.
The interview is 33 minutes long and can be viewed at You Tube here:
https://www.youtube.com/watch?v=vQiuQOggRxc&feature=youtu.be
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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