Ted Butler: Questions only the Justice Department can get answered about silver manipulation


8:50p ET Thursday, January 10, 2019

Dear Friend of GATA and Gold:

Now that the U.S. Justice Department has induced a former trader for JPMorganChase to confess to manipulating the silver market, silver market watchdog Ted Butler writes today that the department should be pursuing several questions that go beyond the "spoofing" highlighted by the guilty plea. Butler helpfully spells them out.

... Dispatch continues below ...


Fisher Precious Metals is preparing and equipping clients for the upcoming 'Everything Bubble'

Fisher Precious Metals, voted North America's bullion dealer of the year for 2018 and known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.

We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":


As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.

Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:


Butler concludes: "Having raised the issue of a silver manipulation for more than 30 years and the specific allegation that JPMorgan was the main manipulator since 2008, there would be something wrong if I didn't feel that the involvement of the Justice Department was the most important development I have seen over both time periods. I have petitioned the U.S. Commodity Futures Trading Commission and CME Group for decades to no avail. It may turn out that I am putting too much faith in the Justice Department for confirming my allegations, but it is at the very pinnacle of a regulatory food chain. It would be unreasonable not to have faith that the Justice Department will do the right thing."

Butler's commentary is headlined "Questions Only the Justice Department Can Get Answered" and it's posted at GoldSeek's companion site, SilverSeek, here --


-- and at 24hGold here:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:


To contribute to GATA, please visit: