On this week’s show, GATA’s Bill Murphy joins The Doc & Eric Dubin to discuss:
- Manipulation in a big-picture context: What’s the end game?
- Panama bank holiday: story developing, but some things are fishy- Panama is an off-shore tax haven like Cyprus
This week’s SD Weekly Metals & Markets breaks down the metals, markets, and official manipulation with GATA’s Bill Murphy below!
We cover much ground on today’s show. We hope you find it insightful.
We’d like to encourage all our listeners to read The News Doctors’ open letter and petition to CFTC Commissioner Bart Chilton. Click here to read it.
Generally speaking, the precious metals community is of two minds when it comes to Bart Chilton. During his last interview with Andrew Maguire (advance to 12:20 mark), financial journalist Max Keizer characterized Bart Chilton as a “stalking horse.” Mr. Chilton’s statements in the mainstream media have periodically raised hope that the U.S. Commodity Futures Trading Commission would ultimately do something productive given well documented silver market manipulation. Without fail, those expectations have been dashed.
While it’s not clear what Mr. Chilton believes in his heart of hearts, we can say with certainty that he did make space for Bill Murphy to provide GATA testimony before the CFTC in 2010. That fact suggests Mr. Chilton has honorable intentions. It’s quite likely he has been powerless in the face of institutional forces arrayed against him. Circumstantial evidence points to the rigging of the precious metals markets as nothing less than misguided US economic policy. If that were indeed the case, it’s no surprise to see the CFTC closing its silver investigation. How could the CFTC prosecute a case that ultimately leads to the US government itself?
Do the right thing. Sign the petition. Even if the temptation to take a cynical attitude proves wickedly seductive, what do you have to lose? Declare your support for this man should he care to respond. Few people have the chance to make history. Few people have the opportunity for the pages of history to record their name as among those that stood up for what’s right, and for actions that preserve the Republic. Mr. Chilton might surprise us all and become a whistleblower. But that’s not going to happen if you – yes YOU – don’t have the minimal bravery to stick your name on a list and not give a rat’s arse about the government profiling you. It’s too late for that. You’re already on countless lists. The only way to end this madness is to recognize that there’s a rising tide of indignation starting to surface in the American body politic. I’ve written about this trend in many essays on TND; click here to go down that rabbit hole.
The bastardization of our financial markets most assuredly is a threat to the general welfare and health of the Republic of the United States. Create the space for Mr. Chilton to speak before the American public by elevating that petition’s signature count. Whistleblowers derive personal protection in direct proportion to how public their story becomes. Sign it and spread the word.
Have a great weekend — Eric Dubin
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