The Shocking Truth About Secret Documents & The CFTC

Eric King:  “Chris, we have had this announcement today from the CFTC that they have dropped their investigation of silver manipulation.”

Powell:  “A lot of the complaints which have been made about market manipulation over the years have been directed at JP Morgan.  In recent years, JP Morgan has said they are innocent of manipulating the metals markets -- that they don’t trade in the metals markets in their own account, they do it just for clients.

I am inclined to take them at their word, insofar as those ‘clients’ are likely to be the US government.  The US government very likely trades in the metals markets every single day, either through agents or through the Bank for International Settlements.  Remember, the BIS is a gold bank whose only clients are governments....

Continue reading the Chris Powell interview below...