Disinformation & Deceit

Mon, Aug 6, 2012 - 10:58am

Things are getting curiouser and curiouser...

By now, I would imagine that nearly everyone has seen this: (https://www.zerohedge.com/news/libor-may-be-manipulated-silver-not-cftc-conclude). I was sitting here in the TurdCave yesterday afternoon when I saw the original FT story cross the wires. Note the time stamp was exactly 5:00 pm EDT (NY time). Hmmmm. Isn't that interesting? On the next link, you can see that pre-open, electronic trading begins at exactly 5:00 pm NY time, as well. (https://www.cmegroup.com/trading_hours/). Again, hmmmm. I'm sure that's just a coincidence.

Then, when ZH picked up the story, word quickly spread. What was going on here? Who are the "three sources" who divulged this information? Well, our friend The Doc got right on it and quickly found out that it wasn't Bart Chilton (https://www.silverdoctors.com/bart-chilton-ft-report-that-cftc-to-drop-silver-investigation-is-inaccurate-premature-there-have-been-devious-efforts-to-move-price-of-silver/) and several other, industrious Turdites reported receiving similar responses to their inquiries.

So, what are we to make of all this? It would seem that we are left with these possibilities:

  1. The story is true and accurate and the CFTC silver investigation will soon close with nothing done.
  2. The story is inaccurate and is simply shoddy reporting by the crew at the Financial Times.
  3. The story is inaccurate and was deliberately placed in order to influence a certain outcome. Rationale for this ranges from: a) An attempt to initiate another Sunday Night Massacre, b) An attempt to draw in additional SpecShortSheep in advance of lower margins today, c) An attempt to influence the CFTC to conclude the investigation ahead of "schedule" in September, d) An attempt to influence the civil court into dismissing the class action suits against JPM, e) anything else you can think of.

I look forward to reading what everyone thinks and am open to other ideas/theories.

So far, the report has had little impact on price as both metals are currently UP basis the close on Friday. Imagine that!...Gold UP on two, consecutive days. That must be some kind of record. Regardless, the charts are looking increasingly positive and strongly suggest that The Bottoms are in and that a breakout beginning of a new trend is imminent. Be right, sit tight and you will be rewarded.

OK, I'm going to stop there for now because it's already 11:00 EDT and I need to get this posted. Please stay strong. We are entering a critical phase and now is not the time for weak knees. We are all on the right side of history and vindication will soon be ours. More later today or this evening.


About the Author

turd [at] tfmetalsreport [dot] com ()


Aug 6, 2012 - 12:15pm

I don' t know

The more that I think about it the more i think Bart C has his hands full..and im going to say i think he's trying. The forces must be against him. he's come out with some very very strong statements.. we don't know all what is going on behind the scenes. but his statements are firm and consistent. What will happen...will happen....markets will eventually take over.

check out the cnbc story on this too. they are all trying to protect mama JPM

Aug 6, 2012 - 12:16pm
Aug 6, 2012 - 12:18pm

Jay Taylor: Canada's BNN doesn't want GATA mentioned on the air

Jay Taylor: Canada's BNN doesn't want GATA mentioned on the air

"......The producer wanted to know why I thought the gold price had fallen on Thursday, as he thought it should have risen....."

"...... I suggested to him that I thought the work of GATA helped explain one possible answer to that question. I told him I thought GATA provided some pretty strong evidence that the gold price is from time to time rigged by the same folks responsible for the LIBOR fraud.

The producer responded by asking me to please avoid talking about GATA. It was OK for me to say what I believed, he said, but not to say the name "GATA," because, in his words, "That causes a lot of trouble around here."

I can see this only as a form of media control by the establishment. Just as the media was fearful that Ron Paul would catch on en masse, so all manner of unfairness was used against him so he couldn't get traction among masses of Americans, and so it is that someone high up in the media world does not want the public to get the idea that the gold price is rigged and thus headed to much, much higher levels -- because that concept, if it were to become popular with people other than a few of us "libertarian nut cases," could lead to a panic out of the dollar...."


The Green Manalishi
Aug 6, 2012 - 12:27pm
Aug 6, 2012 - 12:29pm


That's interesting Slick. I had never heard of GATA until coming here. So they must do a pretty good job. Although before I came here, I really wasn't in the loop at all. It's amazing what you learn on here every day. Top notch site by Turd and all of Turdville.

It would be quite the feat if mainstream folks would enter the world of the alternative media. My how much they would question/learn.

Aug 6, 2012 - 12:34pm

here's another one

So, what are we to make of all this? It would seem that we are left with these possibilities:

4) how about to discredit bart c and throw them of course. maybe there are some inside the CFTC that want to fuck with bart?

Aug 6, 2012 - 12:40pm


The whole thing smells of desperation to me. While I agree that silver has been heavily manipulated for a long time, I also think that TPTB are losing control. Silver is heavily manipulated because it is a tiny market, and our foes have had decades of practice at their con. So while I believe they are firmly in control of the price of silver, I don't think they are in control of all of the potential black swans that can affect the price of silver.

I am not of the camp that they are in control of everything. No one group, or movement, can possibly be in control of what is going on today. Remember how they operate; out of chaos, order.

The world and markets are crumbling, fraud is everywhere, wars and rumors of wars, plunder, murder and mayhem. TPTB have purposely created chaos, but they do not necessarily control the outcome. They believe that out of this chaos they will create a "new" world order with another fiat ponzi. We believe we will have honest money; real money! They are few and we are many.

That article is not meant to do anything other than create chaos. Whose order will win the day?

I think the good guys will win the day. Unfortunately, history tells us many will die in the process. Got food? Got metal?

Listen, these people and their chaos machine can create a lot of shit that makes us all scared. Remember that courage is not the absence of fear, it is the management of fear. One thing that absolutely will not change no matter how many hours they run their chaos machine is the truth.

I call bollocks on this article, it will not make me question my conviction that it is slightly more intelligent to save real money rather than fake money. That is it, real or fake? What's in your wallet?

Aug 6, 2012 - 12:42pm

Three C's and a W

War. The winter the Fed was formed was filled with tension. War was inevitable, but the Great War would have lasted mere months without a source of fiat currency and borrowing. Clearly the Fed had to be formed and be in place before the shells started flying in 1914.

Aug 6, 2012 - 12:42pm

I'm not surprised at the CFTC

Armstrong has been bitching about the SEC for years. I suppose those "regulatory" agencies have to do something if it can't be covered up. Or I guess in their parlance "if sufficient evidence is found".

I do find it rather odd that the algos didn't pound gold or silver afterwards. Very very odd indeed.

Something's up. We're missing some pieces of the puzzle here.

Aug 6, 2012 - 12:45pm

And as far as the MSM goes

Do you find it all odd that they flog the shit out of the Chik-fil-a story but have an almost complete blackout of Anaheim? They're both going on at the same time.

Don't get caught up in their trolling, because that's all the MSM are - trolls. They play the public like 4chan does.

Aug 6, 2012 - 12:47pm

Explosive summer starting with Miners?

AG up 7.5%

AXU up 6.7%

EXK up 4%

SLW up 3%


Could this be the start of the explosive summer? I sure hope so!

Aug 6, 2012 - 12:53pm

CFTC part of "good ole boys" network

As all "regulators" created by the Feds, these guys, too, are cozied up to those they are supposed to regulate. Head of CFTC is Gary Gensler, a hand-picked Goldman Sachs alumnus. They pick people to run these organizations who know full well how they operate, so as to make sure the laws don't get in their way.

When Glass-Steagall was destroyed, it gave the elite the signal to do whatever they wanted to do in the name of profits. It is since then that everything has headed down the toilet (except PMs, which see through the fraud). PMs needed to be controlled--they can't be held down, but they can be, and have been manipulated by the opaque paper markets. COMEX needed an ally to help control demand for physical early on, after the deregulation came about. Hence, we got GLD and shortly thereafter, SLV. These were simply devices that allowed the bankers to corral the cashflow of the people into what they thought were silver and gold investments. Result: bankers divert the people's cashflow into physical PMs that they (the banks) control. Sweet!!

Aug 6, 2012 - 12:55pm

tomorrow Tuesday

after a heck of a day today esp HUI, what can we expect for tomorrow and tomorrow at abt this time is COT data cut off.

I have written some covered calls versus the positions that have had a nice couple of days. Its a hedge not selling out.

Aug 6, 2012 - 12:59pm

"We are all on the right side

"We are all on the right side of history and vindication will soon be ours."

This is what keeps me stacking.

Aug 6, 2012 - 1:00pm

I wrote to Bart Chilton

My email:

Please become a whistleblower and tell what you know about silver manipulation. We both know how extensive is this manipulation.

Bart Chilton's reply:

"This is what I'm saying to the media, and about all I can say. The Financial Times report related to silver is not only premature, but inaccurate in several respects.

Whenever the CFTC does take an action or actions related to our silver investigation, I am hopeful that we will do so in a fulsome and transparent manner. That will certainly be my quest in anything we do.

I continue to believe, consistent with my previous statements and information from the public, that there have been devious efforts related to moving the price of silver. There have also been silver and gold market anomalies outside of the silver investigate window that have raised, and continue to raise, market concerns.


Dyna mo hum
Aug 6, 2012 - 1:00pm

Correct me If I am wrong....

If the mullet and his men find wrong doing and silver manipulation they will have to refer the evidence to the Us dept of injustice for prosecution. Eric Holder will jump all over this shit. ???? Right?

Aug 6, 2012 - 1:02pm

Correspondence with Bart Chilton - Today...

Sent: Monday, August 06, 2012 10:22 AM
To: Chilton, Bart
Subject: Silver Manipulation Investigation

Dear Commissioner Chilton,

I have read with great dismay that the CFTC is likely to soon dismiss their investigation into allegations of manipulation in the silver markets. I cannot express how great my disappointment is. Perhaps the following article can relay some salient points:


With the continuing erosion of enforcement of laws on a national and international level, the average investor will have no choice but to remove themselves from the markets. This may only be temporary salvation as I can imagine a time in the near future where forced investment into government sponsored/directed investments will be required.

History will look back on these times as a missed opportunity to change course and put America back on track to be a nation “of the People, by the People, and For the People”.



Financial Advisor

~ May Lose Value ~ Not FDIC Insured ~ No Bank Guarantee~


From: Chilton, Bart [mailto:BChilton[at]CFTC[dot]gov]
Sent: Monday, August 06, 2012 10:47 AM

Subject: Re: Silver Manipulation Investigation

This is what I'm saying to the media, -------, and about all I can say. The Financial Times report related to silver is not only premature, but inaccurate in several respects.

Whenever the CFTC does take an action or actions related to our silver investigation, I am hopeful that we will do so in a fulsome and transparent manner. That will certainly be my quest in anything we do.

I continue to believe, consistent with my previous statements and information from the public, that there have been devious efforts related to moving the price of silver. There have also been silver and gold market anomalies outside of the silver investigate window that have raised, and continue to raise, market concerns.


NOTE: The new book, Ponzimonium: How Scam Artists Are Ripping Off America, is available at gpo.gov, barnesandnoble.com, and amazon.com. Neither the CFTC nor Commissioner Chilton receive any proceeds from the sale.

Thank you for your reply Mr. Chilton.

I will continue to hope and pray for efforts like yours to pursue, expose and prosecute criminal financial activities.


Aug 6, 2012 - 1:03pm
Aug 6, 2012 - 1:09pm

Just remember....

They would have had no excuse for this if not for 9/11.....it makes the attack conveniently timely doesn't it?

Aug 6, 2012 - 1:10pm


He's saying the same email to everyone. i got the same one.

Aug 6, 2012 - 1:14pm

the CFTC . . .

sort of reminds me of a high-level Barney Fife. Sort of an innocuous guy who was hired to uphold the law and protect the citizenry, but was really barely able to keep the police offices clean.

The shenanigans put forth by JPM, HSBC, et al, are so far beyond what the CFTC can regulate (if they really wanted to truly regulate anything) it isn't funny.

I have come to believe that the CFTC's real job at the highest levels is intended to keep the shenanigans under wraps, so the people didn't learn of them, or if they did, to validate them as fine-and-dandy machinations of a modern financial market.

I figure most of the people who work for the CFTC at lower levels were hired off the street and wouldn't know a ASE if one hit them in the eye. To most of them, silver is likely just an abstract, unreal thing that banks play with, and sell back and forth, to maintain "orderly markets."

proformatrillionaire balz
Aug 6, 2012 - 1:18pm


I got the exact response to my email to him earlier expect that he inserted my first name at the end of the first sentence. I don't expect that I am getting a personal email response but getting the canned response lowers my confidence that there are any good guys left anywhere in this world. I have yet to start rooting for the demise of the current American "system". I know that a lot of people are going to suffer when it all crumbles and some of those might be my family. However, I am sick of the constant bs that passes for progress.

balz proformatrillionaire
Aug 6, 2012 - 1:22pm


You're right. But still, even if it is not a personal email, he did reply. He must have received like zillions of emails. That doesn't mean I like him : I just hope he will do something... anything to stop this manipulation.

But still again, that would be the end of the current system. So the manipulation must keep going.

Another case of "be careful what you wish"!

Aug 6, 2012 - 1:40pm

Removed comment

Removed comment.

Aug 6, 2012 - 1:43pm

TURD. i questioned you..ok.

I'm a business man, no more, no less.. and ive followed you for a while now and have not flown off.. ive stuck it out. Always keeping the faith....

I understand you have made a call and you can't reveal your sources , information and that you feel very confident that some type of explosion is about to occur based on something that is going on. i will trust you that you have the info...but

Ok, so i can't ask you because you won't reveal it. but if was in a meeting room with you and you were telling me this story and even know I may trust you i would have to ask a normal business question "what is the probability that your intelligence is accurate on a scale of 1-10...10 become most accurate and 1 being not accurate", "how confident are you that gold and silver will hit new highs by year end?" "how confident are you based on your information that we will have this big rally before summer is over?"

are you willing to bet 2 gold coins and 5 silver dimes:)

Cononish1314 NW VIEW
Aug 6, 2012 - 1:49pm

Names a-changin

In line with Mr Zimmerman I suppose TF could change his name to Bob Pre-1947 (even if it is a bit "junkie" and Olde Worlde).

As we share a birthday I'll go for "Argentina". We're both ruled by Mercury (or the gravitional pull of a car 30 feet away).

And this Chilton bloke has really got us warming up


Daedalus Mugged Anonymous
Aug 6, 2012 - 1:50pm

Re: Peckerwood and cicero

Minor but significant point, but Cicero (Marcus Tullius Cicero) was not an emperor and in fact was killed for opposing the early emperors (Caesar/Antony/Augustus). He is best known for his opposition to the establishment of emperors, and that quote was specifically aimed at those seeking to end the republic by seizing dictatorial power...he was best known as an advocate for the maintenance of the republic...an effort which failed.

The treason he was referring to was not treason of non-romans against Rome, but the treason of roman politicians against the republic.

The quote is even more apt than you realize.

Dagney Taggart
Aug 6, 2012 - 1:54pm


We need a Blythe-Bart-Ruprecht video with Bart nailing Blythe, spoils for being the better whore for Blythe and the EE. Poor dejected Ruprecht gets to watch as a consolation prize.

I'm certainly feeling the love today, especially after reading the CFTCs blanket response to inquiries.

If the CFTC was a legitimate overseer, Bart would come out and publicly condemn the FT.

Money By Trading
Aug 6, 2012 - 1:58pm

Where We Stand Now

My latest musings thinking about gold this weekend. Charts included!


ancientmoney balz
Aug 6, 2012 - 2:06pm


You said this, referring to if the silver manipulation stopped:

"But still again, that would be the end of the current system. So the manipulation must keep going."

I think you're right.

The collapse of the financial system is close; ending the manipulations of gold/silver would hasten it to 24 hours or less after it stopped. That is what the humongous debt, and fractionalized fiat banking system has done for us--brought us to the brink of financial destruction. Given the system and how it works, more debt must be created to refinance the already destructive level of old debt, to milk the system along a bit longer.

There is only one possible solution that could fix this gigantic debt problem and yet would keep the elite in control; allow the gold price to reflate to a level that balances out the world's debt. The central banks, bullion banks, and the wealthy elite control much of the gold. Soon, they will mobilize it to solve their debt problem.

This is what FOFOA writes about in his blog; could it happen this Sept.-Dec.? Some say it will take $25 trillion to bail out Europe. Probably another $25 trillion for U.S. Divide $50 trillion by 5 billion gold ounces in the world, and we have $10,000/oz. What about the rest of the world? China/SE Asia? Japan? S. America? Eurasia? And that's just for sovereigns. What about cities, counties, states, etc.? Corporations and people?

It seems to me that the manipulations will be allowed to continue until the great reprice happens, and/or there are defaults in silver that can no longer be papered over-which would hasten the date of the reprice.


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