Relevant:
- Ted Butler On JPM's TV Appearance, Silver Manipulation "Explanation"
- Why The Silver Manipulation MUST End by Ted Butler
- First Majestic Silver CEO complains to CFTC about market manipulation
- Ted Butler Sics the GAO on the CFTC over Silver Manip. - How To Help Out
- Ted Butler: Silver Commercial Shorts Almost Completely Exited
2008-05-20 — silverseek.com
This is something anyone critical of monetary system needs to be aware of:
Butler: Investors might be interested to know that on the day the 2004 [CFTC silver manipulation] report was released, May 14, the price of silver closed at $5.55. It never went lower than that, not even for a day, and subsequently climbed to around 4-fold that level earlier this year, greatly rewarding investors who saw through the Commission’s arguments.
Cook: Can it happen again?
Butler: Let me tell you why that may be conservative, both in price and time...
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