Bart Chilton: Silver Investigation to Conclude by September if Not Sooner
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Masquerade
By the time they act it will be too late.
The Phantom of the Opera actually sums it up perfectly…
If the CFTC takes 4 years to perform an investigation, and then conclude that there is price manipulation of silver, wouldn’t that show that they are completely incompetent or even complicit in the matter?
Therefore, what are the chances that the CFTC will find silver price manipulation at the conclusion of their investigation?
This is no different from what the medical field does when they claim “the evidence is inconclusive” when they don’t want people to know that certain herbs and supplements can actually treat and cure diseases better than any man-made drugs. They pretend this “evidence is inconclusive” BS is actually scientific.
Well, well, well Inspector Bart Cloo-So Did you miss your bit part in Casablanca I’m shocked! shocked! to find gambling is going on in this establishment. Where Humphrey Bogart when we need him? Maybe Lauren Bacall could ram it up Bart’s a**. We can all hope.
keep watching porns.
In brutally honest, I don’t really care whether the CFTC comes to the party or not. I want to see the paper manipulation end with a huge physical silver shortage and complete and/or utter collapse of the fiat and/or debt-based monetary system, the point of no return, where the bastards hit the silver wall head-on at full speed. The silver wall built by those the world has chosen to ignore up until the point of no return. This is my heart’s desire.
Bart off the Chain! He’s going to slay those dragons, free the princess and bring those banks some pain, baby….. yeah!
uhmm, in a few months, I need to get more commissioners on board, uhhh, defining ‘swap’ is the hardest job I’ve ever tackled, now piss off I’m late for my tanning appointment. I want to look good for my date with Miss Blythe.
ROTFLMA…………….O
2-3 months
Yo Bart
gots to axe you a question ?
define 2-3 months
from my perspective ( & using banker math ) that could be 2-3 YEARS
Kinda sounds like willie clintion telling me what the defination of”is “………is
lol
Blah blah blah blah blah…….just another actor on stage to give you hope and prevent anyone from taking serious action! They will do NOTHING!
O Ya, Isn’t this an election year?
Anyone can address and conclude any situation. That doesn’t mean any action will happen in the favor of the people vs. the banks. Sorry Bart, only good tasting Tuna gets to be Starkist. Words are not actions and unfortunately for you, we are not the standard sheep. After four years we have not forgotten and will continue to press.
http://www.youtube.com/watch?feature=endscreen&NR=1&v=goQgXxCiEW4
Mr. Chilton,
The CFTC can subpena trading records. From there, it will be easy to
demonstrate intent and manipulative action, a big part of the legal test
required to prove manipulation. Sorry, but a big part of proving any
case really is that simple; you can’t pull the wool over our eyes.
You already have a representative sample of trading dates to pull from
given what you have said publicly about “warning” email communications
you have had with traders forecasting specific events that indeed came
to pass.
If you are not a fraud, you need to resign and go public as a
whistleblower because it’s clear your agency and powerful people above
it are not going to do anything until a crash. The misguided effort to
protect the dollar and the financial system by managing the price of
both gold and silver will backfire, causing irreparable damage to the
status of the dollar, while likely taking financial institutions down
with the crash. You will go down in history as a stooge
for the powers that be.
This silver manipulation problem is such a tar ball that it can serve
as the trigger that implodes a major section of the derivatives market
— and the global economy, in turn.
Finally, it will be clear to many you’re obfuscating and dodging when you say, “Perhaps when we conclude the investigation, we can talk.” Fact is, you’ve given many interviews while the investigation has been ongoing. Your change of disposition is most curious.
Flying Wombat Amen!
Mr. Chilton… You act like a man caught between the powers of darkness and the power of the light. Maybe you’re one of the good guys gone undercover working toward the larger goal of ousting the bad guys once and for all. Or maybe you’re a disinformation specialist. Don’t know. Hard to get an exacting reading on you.
No one is buying this shit anymore. We’re supposed to believe the ‘silver investigation’ is so complex it’s taking 4 years to complete? BULLSHIT. A 4 year investigation is one that is never designed to be completed. The ’911 investigation’ (we won’t get into the details) was completed in two years…are we supposed to believe the silver issues are more complex than 911? Keep sitting on your hands Chilton/CFTC. Whoever decides your timeline knows it will be irrelevant in 2-3 months.
Mr. Chilton,
In your interviews you’ve made ample use of pop culture metaphors. It’s clear you have a deep love for rock and roll. We therefore dedicate this song to you. If nothing will be done, the ship will go down with you on it.
Make history.
Become a whistle blower.
The American people will support you if you only act and ask for our support.
Put the heat on him Wombat. Cool Vid.
Bart Chilton really needs to get a proof reader for his scripts
- to check consistency
Question – come on now BART
- ARE YOU LYING IN A ……OR IN B
(you can’t have it ….both ways)
Quote exhibit A
I can’t take an action by myself
EMPHASIS …..(I would have done so……. long ago……. if that were the case).
Quote Exhibit B
What I will say is that if this matter ….was as simple….. as some writers state and many believe (large concentrated positions regularly manipulating the silver market)…….. this would have been over years ago.
.(EMPHASIS)………… It just ain’t so. …….These are complex global markets.
Is it
SIMPLE and you could have……. taken action yourself….long ago
OR
Has it taken so long – because…. IT.. Quote…”AINT SO” SIMPLE
- as….”These are COMPLEX global markets”
BULLSHIrT springs to mind
)..sorry to be pedantic
If Ted Butler is throwing in the towel then we should all do the same. He’s received a lot of heat for his endless support. Any hope for the cftc to do anything after Ted Butler throws in the towel is insane. For those who may not know the definition of insanity, it is doing the same thing over and over again expecting different results. Let’s all be sane and say fuck you j.p. morgan chase and to hell with you bought and paid for beurocratic shills at the cftc. It’s just embarrassing, time to move on.
Oh ya, buy silver.
Interesting Date:
That’s My Date For A Possible Inflection Point In The COT–When We Might See The Beginning Of The Long-Awiated Rally In Silver—->Bart Says, “On limits, I’m hoping we and the SEC will conclude the swaps definition later this month or just after July 4th.”
Bart Also Says, “Anyway, I guess people had a vulgar on-line party in my honor. Such is life.”<—-Yes, Bart, But Listen, We’re You’re Potential Friends. You’re playing with fire if you think siding with banksters will help you to advance your career.
Hey Bart—What’s the CFTC Charter?
“The Committee’s Objective And Scope of Activities Shall Be To Conduct Public Meetings To submit reports and recommendations on matters of public concern…”
Don’t Whine About Having To Do Your Job, Bart <—Instead—make some of these other members respond like you do and maybe your committee won’t need to hide under the corrupted skirt of JPM’s BLYTHE MASTERS and Orange JumpSuit Of Jamie Dimon.
Once You Accomplish that, We Won’t Have “Vulgar On-Line Parties”
I agree, fuck both the CFTC and JPMorgue!
Yes, again.
July of what year, Chilty?
good guys.
to a crime in progress in a worst case scenario. Rubber meets the road here in
the next 2-3 months. Thanks for throwing us that crumb.
Yea Right Bart…. but mean while the people you are supposed to be protecting are getting sliced and diced. If its 23 or more of your fellow commisioners then expose them for being criminally compliant as you say. This BULLSHIT IS GETTING OLD.
Well at least Doc you received a better response than I did from your e-mail. But I do give him credit for responding. I still believe that God is in every human being but we have to find him before we can change and I trully hope Bart finds him before it’s too late. This Manipulation Has To Stop.
Charles
We are looking at the trading you suggest.
B
Hi. This is President Obama. I just need yet another four more years to complete my Agenda21. Don’t worry, I have Bart Chilton working on it. He will get 2 more of the needed 5 Commissioners, heck maybe I’ll even make it 3, once I am re-elected and have…. more flexibility.
After nearly 4 years and while we still don’t know whether to think the Silver market is more complicated than the Tax Code or not, I promise you this. I will bring the Troops home as soon as I get re-elected, and you can take that to the Bank. It will be so that they can arrest American Citizens, but only those that are threat of course. A threat to what you ask? Well, first I’ll need to wait until I have more flexibility to answer that.
Right on, One Tin Soldier, Say it like it is
“This silver manipulation problem is such a tar ball that it can serve as the trigger that implodes a major section of the derivatives market — and the global economy, in turn.” – Flying Wombat
Exactly! And here we have the essence of why the CFTC cannot EVER find manipulation in the silver market. JPM is in this up to their blood-shot eyeballs. JPM is the largest bank in the US. If JPM falls, the entire US banking system will fall. The banking systems of every other country on Earth will soon follow. The result would make the 1930s Great Depression look like a Sunday school picnic. Ergo, they CANNOT find silver manipulation, no matter how effing obvious it is!
How hard is it to see manipulation when the price of silver gets beat down by huge trading volume the same time every day as of late? They don’t even try to disguise it anymore.
DID ANYONE SEE THIS?
Report: CFTC Hits JPMorgan With Subpoena Tied to Trading Loss
I’M HUNGRY!–WHEN DO WE GET LUNCH? –YOU’VE ALREADY BEEN SERVED JAMIE!
By Matt Egan
Published June 01, 2012
FOXBusiness
The Commodity Futures Trading Commission has reportedly subpoenaed JPMorgan Chase (JPM: 31.93, -1.22, -3.68%) as U.S. regulators ramp up their probe into the banking giant’s $2 billion trading blunder.
According to The Wall Street Journal, investigators at the
CFTC’s enforcement division are issuing subpoenas requesting emails and
other internal documents from JPMorgan. The inquiry is focusing on what
traders told risk managers and their supervisors as the complex bets
went bad, the paper said.
As they probe what went wrong at JPMorgan, federal regulators are
deploying new powers they received from the Dodd-Frank financial
overhaul law, the Journal reported. This could mark the CFTC’s first use of these new tools.
Last month JPMorgan, seen as Wall Street’s best run bank, shocked the
markets by disclosing a trading loss of more than $2 billion tied to
what it called a hedging strategy. The fallout has erased more than $29
billion from the company’s market cap and raised questions about its
risk management.
If the CFTC probe discovers evidence that employees made deceptive
statements to superiors, that could amount to fraud under investigators’
authority to regulate the swaps market, the paper said.
However, the Journal cautioned that the CFTC probe is at a
relatively early stage, isn’t confined to traders and won’t necessarily
lead to civil enforcement actions.
Shares of New York-based JPMorgan slumped 2.5% to $33.15 ahead of the
opening bell on Friday, slightly outpacing a 1.91% slide on the S&P
500 in the wake of bleak labor data.
In addition to the CFTC, other regulatory agencies such as the
Securities and Exchange Commission, Justice Department and Financial
Services Authority in the U.K. are all reportedly probing the JPMorgan
trading losses.
Language in the Dodd-Frank law allows the CFTC to investigate fraud
and market manipulation as well as probe “deceptive conduct” tied to
credit-default swaps. While the CFTC has yet to issue enforcement
actions tied to this authority, the agency may have an easier path for
charges against JPMorgan than other regulators, the Journal reported.
No Jake I have not seen that until you brought it to the site. Thats what is grate about SD many many eyeballs. Killer deal, it would be grate to see the FBI luging out computers.
First hand news before the Media, Love it. Thanks Jake
Hope they pu him away for a long time but I have my doubts but I can dream. Lol
Hay Doc,
Let’s just hope they forget about the amount of time it took for the investigation to come to a conclusion and they end up doing the right thing ending the manipulation, imposing position limits, and imposing charges on manipulators. I don’t believe Ted Butler was contacted to provide his input on the matter during the silver investigation; it should be interesting to see what resolution they come up with.