What Happened to the Last Silver Con?
The silver manipulation conspiracy is so widespread and so obvious that we forget what goes down from manipulation to manipulation. On August 5, 2012 the Financial Times published a very controversial article stating that the CFTC was about to drop the 4 year long silver investigation "according to three people familiar with the investigation".
Four-year silver probe set to be dropped
http://www.ft.com/intl/cms/s/0/45329d42-dd97-11e1-8be2-00144feab49a.html
"A four-year investigation into the possible manipulation of the the silver market looks increasingly likely to be dropped after US regulators failed to find enough evidence to support a legal case, according to three people familiar with the situation."
"But after taking advice from two external consultancies, the first of which found irregularities on certain trading dates that it believed deserved more analysis, CFTC staff do not have sufficient evidence to bring a case, according to the people familiar with the situation."
"The agency's five commissioners have not yet formally determined the outcome of the investigation, leaving the possibility that staff could be instructed to dig deeper. A CFTC spokesman said: "The investigation has not reached its conclusion". He declined further comment."
"Ending the probe would infuriate some US silver investors, who claim that a group of large investment banks -- in particular, JPMorgan -- has conspired to drive the price of silver lower."
"I'm sure it will be met with some concern from a certain group of aggressive silver speculators," said one person familiar with the investigation."
How many false and misleading statements about silver can you pile into one article?!
I can't even tell you how many "I told you so's." I got after this "announcement"!
So WHAT HAPPENED? Those 3 sources are 100% WRONG! Those 3 sources can most likely be charged with spreading false rumors in order to manipulate market sentiment. Those 3 sources and the 2 SHILLS that wrote the article AND the FT itself SHOULD ALL BE HELD ACCOUNTABLE FOR SPREADING FALSE RUMORS IN ORDER TO SLAM THE PRICE OF SILVER DOWN!!
The Road to Roota Theory is still playing out. From the intentional destruction of the US dollar to the ENDING of the silver manipulation...it is still in process.
In the end...the CFTC will charge JPM with silver price manipulation.
The only question after that is WILL THEY CONTINUE TO ALLOW IT BY ANOTHER COMPANY?
Hope not.
BUT - We still have no resolution on the Citibank Silver Derivative Short. I'm still waiting on the OCC Data which is seriously LATE!
ALERT: Silver Short Hot Potato Being Passed Again!
//www.roadtoroota.com/members/1019.cfm
Where there's smoke there's fire!
Bix