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Ted Butler: A crack in the dike

Section: Daily Dispatches

10:32a ET Thursday, November 8, 2018

Dear Friend of GATA and Gold:

Silver market analyst and anti-market-rigging whistleblower Ted Butler today declines to take much vindication from the Justice Department's extraction of a guilty plea to gold and silver market manipulation by a former trader for JPMorganChase. The "spoofing" admitted by the former Morgan trader and attributed by him to other traders and even supervisors at the bank is only part of the bank's manipulation of the monetary metals markets, Butler writes.

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But Butler adds that the Justice Department's investigation of the manipulation gives him some hope that the issue is now out of the hands of the seemingly inept Commodity Futures Trading Commission.

Butler's commentary is headlined "A Crack in the Dike" and it's posted at GoldSeek's companion site, SilverSeek, here --

-- and at 24hGold here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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