Disinformation & Deceit

Things are getting curiouser and curiouser...

By now, I would imagine that nearly everyone has seen this: (http://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. (http://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 (http://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.



GoldMania3000's picture

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

GoldMania3000's picture

and here's another one

Slick's picture

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's picture

Can't seem to get on the site

I've tried but http://www.psmetalsreport.com doesn't work?

OrangeAlert's picture


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.

GoldMania3000's picture

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?

ag1969's picture


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?

opticsguy's picture

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.

exiledbear's picture

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.

exiledbear's picture

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.

cavalier's picture

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!

ancientmoney's picture

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!!

Mickey's picture

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.

balz's picture

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.


Puck T. Smith's picture

"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.

Dyna mo hum's picture

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? 

BASEBALL 13's picture

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@CFTC.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.


tyberious's picture

New World Order Coin

kingboo's picture

Just remember....

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

GoldMania3000's picture


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

ancientmoney's picture

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's picture


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's picture


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"!

peckerwood's picture

@ Bart Chilton

"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague."

Marcus Tullius Cicero (Roman Emperor)

be a traitor Mr. Chilton, to your employer, not to the American people.  end this fucking charade.

GoldMania3000's picture

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's picture

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's picture

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's picture


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's picture

Where We Stand Now

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


I Run Bartertown's picture

“Everybody has a plan until they get punched in the face.”


A retired U.S. Army colonel who now teaches modern warfare to soldiers at the University of Foreign Military and Cultural Studies at Fort Leavenworth, Kan. has co-written an article with a Civil War expert that has ignited a firestormtoday among those increasingly concernedabout what some say is a distinct anti-civiliantone that has infected much of the military andHomeland Security since 2009.

Retired Col. Kevin Benson and Jennifer Weber, Associate Professor of History at the University of Kansas, co-wrote an article for Small Wars Journal on a 2010 Army report titled, "U.S. Army Training and Doctrine Command, The Army Operating Conce​pt 2016 - 2028."

The fictitious scenario used in the Army report as a teaching tool is a future insurrection of "tea party activists" in South Carolina. As the scenario goes, the tea party group stages a takeover of the town of Darlington, S.C. The mayor is placed under house arrest and prevented from exercising his duties. The police chief, the county sheriff, and other law enforcement officials are removed from office and told not to interfere. The city council is dissolved.

Several items of interest are to be noted in the scenario the Army uses to describe the tea party activists -- "right wing," "extremists," "insurrectionists," all of whom are lumped together with militias and organizations that are considered "racist" and "anti-immigration."

By contrast, those who oppose the tea party are referred to as "mainstream."

​Edit: the original is even worse. The local officials are on the side of the 'insurrectionists' 

"Activists remove the chief of police and either disarm local police and county sheriff departments or discourage them from interfering.  In truth, this is hardly necessary.  Many law enforcement officials already are sympathetic to the tea party’s agenda, know many of the people involved, and have made clear they will not challenge the takeover."

"Combat units will conduct overt Show of Force operations to remind the insurrectionists they are now facing professional military forces, with all the training and equipment that implies. ...Federal forces continue to tighten the noose as troops seize and secure power and water stations, radio and TV stations, and hospitals.  The final phase of the operation, restoring order and returning properly elected officials to their offices, will be the most sensitive."


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