Thu, Jun 16, 2011 - 6:27pm
First peep fro the cftc about the crash, I agree with Ted Butler that the jury is still out on mr Chilton, especially when he does things like this, openly discussing the problems with the market we have talked about here in Turdtown. This article sticks out to me because its the only mention whatsoever from the CFTC about the silver sunday crash, even going so far as to note that it happened after regular trading hours. Sons of bitches!
Unfortunatley he blames the HFT machines for the crash, not lack of oversight by his organization, he calls the "cheetas"
I know its a long shot from transparency but at least its SOMETHING..
He also dismisses the media view that the run up was caused by "wild speculation" which I respect.
Edited by: silverbleve on Nov 8, 2014 - 5:09am