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FSN: What a Surprise: FT Says CFTC to Drop Silver Investigation
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from GATA.org
But such an outcome would be completely consistent with a finding that the really big player in the silver market is not JPMorgan at all but the U.S. government acting through intermediary brokerage houses. After all, as he signed the legislation demonetizing silver in 1965, President Lyndon B. Johnson pledged that the U.S. government would rig the silver market if necessary to prevent the price from rising:
http://www.gata.org/node/11601
And the Gold Reserve Act of 1934, which created the U.S. Exchange Stabilization Fund, explicitly authorizes the U.S. treasury secretary to trade secretly in all markets on behalf of the U.S. government:
http://www.treasury.gov/resource-center/international/ESF/Pages/esf-inde…
2012-08-06 10:30:15
Source: http://silveristhenew.com/2012/08/06/what-a-surprise-ft-says-cftc-to-drop-silver-investigation/
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