I just posted an article “Still sliding After 14 years” (See my blog below) I wanted to follow up with this paragraph. (bold below) It will not only show there is trouble in the Silver Markets but I have inserted a link that will show you just how corrupt the Derivative and OTC markets are—–with both issues being assigned to the same agency (CFTC) for resolution and/or over site.
Now the problem is an old problem starting some time in the late 80’s and spans the years of both R’s and D’s as presidents. I want to point out as you read the paragraph below and watch the video (link) you must understand and make the connection that this is a total en-compressing type of situation that has the potential to destroy the country. You have attitudes and allowable actions changing for the worse—-with the doing away with the Glass Steagall act and the opening of flood gates in greed and corruption. The fact that Greenspan admits his error (See Link the end of the video) has changed nothing within the Derivative Market. There was no regulation & no control within that market and the derivative market expanded in greed to $595 Trillion dollars—-there is no forcing of any responsibility by anyone or anything in these last 25-30 years.
“The big take away [from the civil lawsuit against JPMorgan] is that the filing of the civil case was unprecedented in that no government case preceded it. The main reason why this occurred was because the CFTC refuses to acknowledge the obvious, namely, that it is growing common knowledge that silver is manipulated in price by JPMorgan and the agency is in some sort of cahoots with JPM to allow the manipulation to continue. The ongoing CFTC silver investigation was initiated two years before the civil case was brought in November 2010. The civil case should have been patterned after the same issue of concentration that the CFTC still can’t address, namely, how can a U.S. bank holding 30% of a market not be manipulative to the price?”
- Silver analyst Ted Butler, ButlerResearch.com, March 20 2013
You may want to read the closing paragraphs before you go to the link (it runs about 57 minutes)
As you attempt to understand the seriousness of the two items of information I have shown you (Paragraph & link)—-you must tie that to the Cyprus banking problem and the resolution that was forced on to those people. And then try to put in place your understanding of the “Federal Reserve System” as a private banking enterprise run by greedy bankers who care little of what happens—other then their bail outs and making money. —–the fact that their money is the currency of the globe allows them to call the shots —-and through the printing press they are destroying the very nature of the social fabric, the middle class and the very being of the “Constitution”.
Was it not Rothchild who said—”Give me control of the money and I care not who makes the laws.”
You must understand the arrogance of the elitist that are leading this parade are about to take us off our cliff and no one in Washington DC. will help “The Citizens”. Note carefully I said our cliff not their cliff or some collective cliff—–money will control how and who runs what. So keep in mind the “Golden Rule” —– “He who has the Gold makes the Rule.” And——Texas and China are making moves to solve their Gold problems—hopefully Texas and other states resolve this issue before China makes their “Renminbi”$$$$ the Global currency.
We Shall See—-Don’t you think?????