GATA’s Chris Powell: ‘CFTC Has Been Told the Silver Manipulation is a US Gov’t Operation’
GATA’s Co-Founder Chris Powell discussed the FT’s report that the
CFTC is dropping it’s silver investigation on tonight’s Capital Account
with Lauren Lyster.
Powell’s thoughts regarding the FT’s propaganda that JPMorgan has NOT been involved with silver manipulation:
‘If the silver market is not manipulated today then it’s the only market that is not manipulated,
and I would have to congratulate silver traders for finding the market
that’s not manipulated. Of course we think differently. There’s 2
issues about that Financial Times story. The first question is ‘is it
disinformation- is it a plant by people who would like the silver shorts
to be let out of their predicament a little easier by discouraging the
longs in the market from thinking that the CFTC was ever going to set
that market right?‘
When Lyster asked Powell about Bart Chilton’s denial of the FT report (which SD broke Sunday night here) Powell responded that
‘Bart Chilton as you mentioned said ‘there hasn’t been a
decision yet’. I don’t expect the CFTC to come up with anything here,
they’ve been going on with this for almost 4 years, if they couldn’t
find something by now they’re not going to find something.
I think they have been told, finally, candidly, the silver manipulation is a US Government operation.‘
Full MUST WATCH interview below:
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