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Andrew Maguire: CFTC Has had metals market rigging documents for a year
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[quote:No Dhimmi:MV8yMzUzODMzXzRDQjMwOUE=] http://www.gata.org/node/13010 Bix Weir adds: So if all this is true, which I believe it is, then expect the following fallout: 1) The CFTC will have to make a public statement on Silver manipulation in September. 2) JP Morgan could be held liable for TRILLION$ as class-action lawsuits will be filed by all parties affected..investors, dealers, brokers, ETF's, mining companies, jewelery companies, industrial manufacturers, nations that hold bullion and on and on. 3) JP Morgan currently holds $120B in gold and silver derivatives that may be defaulted upon. 4) CFTC will be held to account for purposefully delaying the charges of manipulating the silver market. 5) GATA and all us "Silver Conspiracy Nuts" will have been proven RIGHT! 6) The collapse of JP Morgan will bring down every other bank in the world as it defaults on $70T in derivatives. 7) The total and complete destruction of the paper and electronic monetary system is inevitable. 8) Silver to soar :Silver Coin: [/quote]
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link to www.gata.org
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Bix Weir adds:
So if all this is true, which I believe it is, then expect the following fallout:
1) The CFTC will have to make a public statement on Silver manipulation in September.
2) JP Morgan could be held liable for TRILLION$ as class-action lawsuits will be filed by all parties affected..investors, dealers, brokers, ETF's, mining companies, jewelery companies, industrial manufacturers, nations that hold bullion and on and on.
3) JP Morgan currently holds $120B in gold and silver derivatives that may be defaulted upon.
4) CFTC will be held to account for purposefully delaying the charges of manipulating the silver market.
5) GATA and all us "Silver Conspiracy Nuts" will have been proven RIGHT!
6) The collapse of JP Morgan will bring down every other bank in the world as it defaults on $70T in derivatives.
7) The total and complete destruction of the paper and electronic monetary system is inevitable.
8) Silver to soar
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