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In Silver Doctors interview, Ted Butler notes latest JPM confession and 'whale' going long
11p ET Friday, August 23, 2019
Dear Friend of GATA and Gold:
In an interview today with James Anderson for Silver Doctors, silver market analyst Ted Butler discusses the confession to gold and silver market manipulation by a second trader for JPMorganChase, noting that both traders say they were trained in "spoofing" by their superiors and that their superiors knew of and approved their market manipulation.
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Butler also discusses what appears to have been the recent conversion of 20,000 silver futures contracts to real metal by a major entity -- a "whale" -- in the market.
Butler concludes that silver remains grotesquely underpriced but that this seems to be about to change.
The interview is 39 minutes long and can be heard at YouTube here:
https://www.youtube.com/watch?v=2XcuxaCOqwI&feature=youtu.be
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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